Unfortunately ARM CEO is correct.
that is why Intel/Infineon (we) make our mobile ARM SOC at foundry.
Foundry 28nm is better even than Intel 22nm. I know many will not believe but look at back end metal lines. Intel 22nm has CPU metal system that is great for high performance but poor for density.
Intel's 22nm also has much higher leakage, cost, worse analog, worse RF, worse high V transistors in terms of specs and the type of devices offered.
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Are the design challenges the same as with embedded systems, but with a little developer- and IT-skills added in? What do engineers need to know? Rick Merritt talks with two experts about the tools and best options for designing IoT devices in 2016. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.