Recently, SoftBank released its third-quarter financial report, showing a total loss of US$6.4 billion in the entire third quarter. Arm's financial report for the same period showed that Arm lost US$11.3 million.
Arm's overall revenue in the third quarter was $396 million, down 13% year-on-year.
However, Arm also emphasized that it would continue to strengthen its layout in the UK. When SoftBank acquired Arm, the company made a plan to double the number of employees at its headquarters. Currently, there are more than 2,700 employees, an increase of nearly 50% compared to 1,800 at the time of acquisition.
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