ARM (ARMH) CEO Warren East has warned of a slowdown in sales in H2, saying that many of its...

|About: ARM Holdings, plc (ARMH)|By:, SA News Editor

ARM (ARMH) CEO Warren East has warned of a slowdown in sales in H2, saying that many of its customers are "indicating that they are not expecting an uplift, and mathematically that will hit us." East's warning comes despite the expected launch of a new iPhone and Samsung Galaxy Note tablet. Because of ARM's concerns, the company is scaling back its recruitment plans. Shares -3.05% in London.