Hewlett Packard to build servers using ARM-based chips

Hewlett Packard plans to make computer servers using low-energy processors based on ARM Holdings' designs.

HP said the equipment would be cheaper to run than current alternatives.

UK-based ARM's chip architecture was originally developed for use in smartphones and other mobile devices.

The British firm said the deal was "a first step" towards increasing its presence in a sector dominated by Intel's X86-based processors.  More Read