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ARM’s US dollar revenues grew 15% in 2015, as our existing customers adopted and deployed our latest technology in their current and future product portfolios, and as 41 new companies chose to adopt ARM technology for the first time.
In 2015, ARM bought back 9.0 million shares at a value of £92.2 million.
In addition, the proposed full year dividend is 8.78 pence, as 25% increase.
With our revenues growing faster than our reinvestments in R&D, we are able to deliver increasing profits over the long term.
We develop and license technology that is at the heart of many digital devices, from sensors to smartphones, to servers. Every licence signed represents the opportunity or future royalty streams that can extend to over 25 years.
ARM’s partners shipped around 15 billion ARM-based chips in 2015. These smart chips help to make consumer electronics easier to use and more fun, and enterprise equipment more capable and energy-efficient.
Today ARM-based application processors can be found in about an 85% share of mobile devices, including smartphones, tablets and laptops. Over the past five years this market has grown by an average of 30% per year.
ARM filed an additional 242 patents in 2015, taking the total number of patents owned or pending to more than 4,500. These patents help protect ARM’s technology globally and help secure our future revenue streams.