I really really want my shares back
was I the only shareholder who could see this coming?
Japanese mega-corp Softbank expects its processor-designer subsidiary ARM to fire out a trillion chips for the Internet of Things over the next two decades, its CEO told Mobile World Congress. Masayoshi Son also laid emphasis on the growth of smart devices and thus the need for chips in those devices, telling the Barcelona …
I dont want Softbank. I wanted ARM - it will hold Softbank up for decades to come but it would have been so much better left to its own devices if you'll pardon the pun. I thought ARM would easily go up by 500% in a decade - I doubt Softbank will go up by 100% in that time even with ARM puffing them up.
Which kind of billion are we talking? I thought they were pretty much doing that already each year, so unless we are talking the 10^12 type of billion, this doesn't seem like news. Certainly for the 10^9 type of billion, I believe they were at 12 billion in 2014 alone, and probably higher now, so a couple of decades at that rate with a bit of growth might very well hit the 10^12 type of billion (although that meaning seems uncommon in English these days from what I can tell).
Reading the Reuters article in fact says Trillion, not Billion, which seems to clarify things.
Security is primarily a software problem.
A lot of arm chips are designed to support signed code execution all the way from the initial boot process, so they do provide a lot of features that allow software to be done securely. Of course you still have to make bug free secure software on top of that, but not much arm can do about that problem.
Unless they have suddenly acquired/build a mega Foundry that is?
Perhaps it should be
ARM will receive license revenues for a 'N' Billion chips etc etc etc.
Just to give an example of one Company, Apple. They have over 1.5Billion iPhones and iPads and other devices in use on a daily basis. Samsung will certainly have even more.
As for IOT thingies... At the moment, for most people these are an answer waiting for a question but... like 3-D TV it will be forced down our throats even if we don't want it.