BUZZ-ARM: when the chips are down
** ARM under pressure, with traders citing poor earnings release from one of co's major customers, Taiwanese chip designer MediaTek
** Stock, down 2.2 pct; last wk hit highest levels since Jan 2014
** ARM's key customers Qualcomm (Hanover: QCI.HA - news) & Mediatek are being hit by slowing pace of smartphone growth & rising pricing pressure
** Also, ARM has bought Dutch firm Offspark (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net)