ARM's new processor for mid-range mobile devices

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Reuters
Last Updated : Jun 05 2013 | 12:26 AM IST
UK-based chip designer ARM Holdings said it will defend its over 90 per cent share of the mid-range mobile device market against hard-running rival Intel Corp, helped by a new processor it unveiled on Monday.

ARM introduced the new Cortex A-12 processor optimised for smartphones that sell for between $200 and $350, a mid-range category that the Cambridge-based company said would number half a billion devices a year by 2015.

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First Published: Jun 05 2013 | 12:13 AM IST

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