Many moons ago, while I was ARM (note the casing), during a presentation given by someone in the upper management said that 'the guy who sells your phone screen

Many moons ago, while I was ARM (note the casing), during a presentation given by someone in the upper management said that 'the guy who sells your phone screen guard makes more money than ARM do off a chip in that phone'. The message was that the margins were tight, and it was probably true. ARM is Arm now. More cool, more public, and a larger employer than it ever was. I hear that they did some pretty big salary correction recently--ARM engineers used to be paid non-competitive salaries, and there were mass exodus. Obviously, they now need to cover this cost somehow.