Chinese tech goliath Huawei today announced it has signed an agreement with British processor design firm ARM to license the ARMv8 architecture.

The deal will allow the Shenzhen-headquartered firm to use the ARMv8 architecture when designing its own microprocessor cores.

Huawei said the licensing would enable it to develop products with improved application focus, greater computing density and increased levels of power efficiency.

The deal means Huawei will now be able to use ARMv8 architecture-based processors, such as the ARM Cortex-A57 and ARM Cortex-A53, which are said to be able to boost performance while maintaining low power consumption.

ARM-based chips already have a stronghold in the mobile and smartphone markets but they are increasingly being adopted in the enterprise, data centre and cloud sectors.

The agreement builds on a nine-year partnership between Huawei and ARM, which first came to fruition in 2004.

The value of the agreement has not been disclosed, but Huawei's overall investment in the ARM ecosystem is said to be worth hundreds of millions of dollars.

Processors designed and built by ARM are currently used in a wide array of Huawei products across the company's portfolio of cloud, network and device solutions.

"ARM has a long and successful relationship with Huawei," said Tom Cronk, executive vice president at ARM's processor division.

"Working with a company of Huawei's scale presents an excellent opportunity as it is a market leader in networking and the cloud," he said, adding that these are areas in which ARM-based technology is experiencing rapid growth. "The market deserves energy-efficient networking systems and is poised for transformation as data levels continue to grow and enrich many consumers' lives."

Announcing the agreement, Huawei senior vice president Chen Lifang said: "This partnership underlines our continued investment in the UK economy and reinforces our place in the global interconnected ICT supply chain."

Huawei's pledge to innovate its own products through partnerships such as this was supported today when Lifang told the Financial Times that Huawei will not buy another mobile phone maker, such as Blackberry or HTC.

"We haven't considered (an acquisition)," she told reporters in London. "We want to rely on ourselves."