Tom Lantzsch, ARM's executive vice president of corporate strategy spoke with our source after their first quarter earnings call. ARM is a family of instruction set architectures for computer processors based on a reduced instruction set computing (RISC) architecture developed by British company ARM Holdings. The RISC-based design means that ARM processors require fewer transistors than the CISC x86 processors used in most PCs. This smaller size makes them light, portable and ideal for battery-powered devices such as smartphones and tablets. Just keep in mind that while ARM Holdings develops the architecture and instruct set for ARM-based products, but they do not actually manufacture anything. ARM supplies almost all of the processor designs for Android smartphones and tablets. Lantzsch said: "Certainly, we've had big uptick in demand for mobile 64-bit products. We've seen this with our [Cortex] A53, a high-performance 64-bit mobile processor.