Arm The Rise of Semiconductor Technology, Arm is a Cambridge-based British company founded in the early 1990s. Although Arm does not directly produce chips, it has developed a low-power, high-performance processor architecture that is widely used in a variety of devices, including smartphones, tablets, and Internet of Things devices. This architecture has been adopted by many chip makers, including well-known companies such as Apple, Samsung, and Qualcomm, making Arm one of the largest chip architecture licensing companies in the world.

  There are two key factors behind Arm's success: first, its low-power architecture has huge market potential in mobile devices and the Internet of Things, with CPUs based on Arm's architecture accounting for more than 99% of all CPUs in mobile devices such as smartphones; and second, Arm employs an open-ended licensing model that allows other companies to license its technology and build their own chips based on it. This model has fostered innovation and made the Arm architecture one of the most popular chip designs in the world.

  As a mountain that the chip industry can't get around, while Arm has made 99% of the world's smartphones use chip architectures of its own design, it has also meant that the scope for expanding the performance of this area has been quite limited, especially given the weak demand for cell phones during the global economic slowdown, which has been reflected in Arm's revenues that have showing stagnation.For FY2021-FY2023, Arm's annual revenues were $2.027 billion, $2.703 billion, and $2.679 billion, respectively; and net income was $388 million, $549 million, and $524 million, respectively.

  Arm also gave the future direction of development:

1, in the cloud computing market is only 10% of the share, so there is still more room for expansion in this part, is expected to benefit from artificial intelligence by 2025, will be at a rate of 17% per year.

2. 41% share in the automotive market, which is expected to grow by 16%.

3. Royalties, which make up the vast majority of Arm's revenue, have been increasing since they began being collected in the early 1990s. Royalty revenue for the latest fiscal year was $1.68 billion, up from $1.56 billion the previous year.

  China sales contributed 24.5 percent of Arm's $2.68 billion in fiscal 2023 revenue.

In short, Arm's IPO is an exciting transformation that will shape our technological future and change the way we live. Let's look forward to Arm's development in the future and witness the booming and innovative achievements of the technology industry.