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ARM Holdings Predicts Higher Full-Year Sales on New Clients

ARM Holdings Plc, the U.K. designer of chips that help power Apple Inc.’s iPhone and iPad, predicts 2011 sales will rise about 21 percent on new business.

Full-year revenue will reach about $763 million, “in line with current market expectations,” Cambridge-based ARM said in a statement today. Analysts in a Bloomberg survey had forecast $750.8 million.