UK-based semiconductor design company Arm is reportedly looking to team up with manufacturing partners to develop its own prototype semiconductor, targeted for use in mobile devices, laptops and other electronics.
The prototype chips are meant to showcase advances that the company is making, in an attempt to increase the company’s value and attract new customers ahead of its expected IPO later this year, according to a report in the Financial Times, citing multiple sources at the company
Arm has created a new solutions engineering team to lead the development of the new prototype chips, according to the report. The team will be headed up by Kevork Kechichian, who joined Arm in February and who previously oversaw the development of the Snapdragon chip at Qualcomm.
