"This is a nascent market primed for growth," Ian Thornton, vice president of investor relations, told reporters and analysts during a briefing in Taipei.
The company's chip designs are used in 90% of all smartphones worldwide, including those from Apple Inc. It earns royalties from every chip sold.
Thornton said Intel Corp currently holds a more-than 90% share in servers and that ARM would market its chip designs more cheaply than its main rival in this segment.
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