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LONDON, April 21 (Xinhua) -- ARM Holdings Plc Drazen Petrovic Jersey , a Cambridge-based chip designer, Tuesday announced that its first quarter revenue increased by 14 percent to 348.2 million U.S. dollars, compared with the same period last year.


Revenue from processor royalty was up 31 percent on year-on-year basis in the first quarter of 2015, while processor licensing revenue was down 2 percent, said ARM in a statement.


Normalized profit before tax and earnings per share soared by 24 percent and 27 percent year-on-year respectively Brooklyn Nets Jeremy Lin Jersey , data showed.


ARM-based chips shipment increased by 31 percent year-on-year to 3.8 billion units, and 30 processor licenses signed for a broad range of applications in the first quarter, figures showed.


In regard to market outlook, ARM said: "Assuming that the macroeconomic backdrop remains supportive of consumer spending, we expect group dollar revenues for the full-year 2015 to be at least in line with current market expectations."


Simon Segars Brooklyn Nets D'Angelo Russell Jersey , chief executive officer of ARM, said: "As the world becomes more digital and more connected, we continue to see an increase in the demand for ARM's smart and energy-efficient technology, which is driving both our licensing and royalty revenues."


The chip designer whose products power Apple Inc's iPhones and iPads is one of the major technology giants in Britain.

An Apple store in Beijing Photo: IC

Apple Inc's latest flagship smartphone models have received the radio transmission equipment type approval certificate from China's top information technology watchdog, but still lack another key license to enter the Chinese mainland market Jeremy Lin Nets Jersey , the Xinhua News Agency reported Thursday.


Analysts said that this indicates that the highly anticipated devices - iPhone 6 and iPhone 6 Plus - can be shipped to the Chinese mainland as soon as they get a network access license, but it is hard to tell when that license will be granted.


Fax inquiries to the Ministry of Industry and Information Technology (MIIT) by the Global Times got no replies by press time. Calls to an Apple spokeswoman remained unanswered either.


"Usually, it takes one to two months for the MIIT to grant a network access license," Wang Yanhui, head of Shanghai-based Mobile China Alliances D'Angelo Russell Nets Jersey , told the Global Times Thursday.


The radio transmission equipment type approval is granted to handsets that meet China's spectrum requirements to function well in the country, said the report, citing the MIIT.


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