Intel Microprocessor Business ‘Doomed,’ Claims ARM Co-Founder
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By Ben Rooney
Intel’s microprocessor business is doomed claimed one of Europe’s leading tech entrepreneurs as mobile computing will replace the PC in the next wave of computing.
Austrian-born Dr. Hermann Hauser, a co-founder of ARM, a rival chip designer, also said the value of chips which ARM collects a royalty on has overtaken Intel’s microprocessor revenue this year for the first time. Dr. Hauser remains a share holder in ARM, but is not on the board of directors.
Approximately 95% of the world’s mobile handsets and more than one-quarter of all electronic devices use an ARM chip.