Arm battens down the spending hatches
By David Manners, ElectronicsWeekly (May 27, 2021)
Arm has gone into cost reduction mode as it awaits the result of its takeover by Nvidia.
According to The Register it has frozen hiring including a ban on backfilling jobs left vacant by departures, has put a stop on new engagements of contractors and has cancelled its FlexPlot scheme which gave US employees $8,500 a year and UK employees $4,500 to spend on certain defined areas.
Previously Nvidia said it would abide by undertakings given by owner Softbank in 2016 that it would double Arm’s UK employees over the following five years to 3494 people.
To read the full article, click here
Related Semiconductor IP
- USB 20Gbps Device Controller
- Ultra-High-Speed Time-Interleaved 7-bit 64GSPS ADC on 3nm
- Fault Tolerant DDR2/DDR3/DDR4 Memory controller
- 25MHz to 4.0GHz Fractional-N RC PLL Synthesizer on TSMC 3nm N3P
- AGILEX 7 R-Tile Gen5 NVMe Host IP
Related News
- XYALIS Brings Cost Reduction To Mask Design
- Altera Showcases Productivity and Cost Reduction Solutions for Multichannel Systems at 2012 NAB
- Consumer Electronics Application Processor Hits the Performance Cost Reduction Sweet Spot
- Accusonus Achieves 60 Percent Reduction in Computational Cost of Speech Enhancement Software for Cadence Tensilica HiFi DSPs
Latest News
- BrainChip Expands Global Reach, Announces Akida Boards and AI Development Kits Available at DigiKey
- Qualitas Semiconductor Successfully Demonstrates Live UCIe PHY IP at AI Infra Summit 2025
- Silicon Creations Announces 1000th Production FinFET Tapeout at TSMC and Immediate Availability of Full IP Library on TSMC N2 Technology
- Intel and NVIDIA to Jointly Develop AI Infrastructure and Personal Computing Products
- Comcores MACsec IP is compliant with the OPEN Alliance Standard