ARM is the world’s leading semiconductor IP company. It develops and licenses technology that is at the heart of many of the digital electronic devices sold each year, from sensors and smartphones to servers. In fact, ARM technology was in around 32% of the chips used in all the smart electronic devices sold in 2015.
Although best known for the chips that enable mobile phones to work effectively, the actual market for ARM is huge. The company's technology and clever thinking has wide applications in many different areas. As the world becomes more connected, driven by the Internet of Things, so ARM's opportunities multiply – from cars and windfarms to street lights and washing machines.
ARM's business model provides a compelling equity story: the company licenses its technology to its partners and then also earns royalties on every chip sold that uses one of its technology designs.
Our challenge was to produce an annual report that explained the opportunities for investors simply and clearly, while also emphasising the almost limitless markets that are now opening up for ARM.