British-based semiconductor technology business ARM Holdings is preparing for a new CEO.
Warren East, who joined the company 19 years ago and has been Chief Executive for almost 12 years, has decided to retire from 1st July 2013. Simon Segars, currently the company’s President, will become the new CEO.
At the end of last year, the total volume of mobile data traffic reached 13,412 petabytes according to ABI Research.
That represents an increase of 69% year-on-year.