MELANY's data-driven read on Arm Holdings plc.
Arm Holdings owns and develops the Arm architecture, which is used in 99% of the world's smartphone CPU cores, and it holds high market share in other battery-powered devices such as wearables, tablets, and sensors. It licenses its architecture for a fee, offering different license types based on how much flexibility a customer needs. Customers like Apple and Qualcomm buy architectural licenses to modify the architecture and tailor chips to their needs, while others purchase off-the-shelf designs directly from Arm.
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