Home › News ›

Imagination to Divest Biz Units In Wake of Losing iPhone Contract

Article Comments

May 5, 2017, 7:51 AM by Eric M. Zeman

Imagination Technologies said it plans to sell two of its business units and strengthen its balance sheet before its years-old partnership with Apple expires. Earlier this year Apple told Imagination Technologies that it will no longer need the company's GPUs for the iPhone in 15 to 24 months time. Apple is Imagination Technologies' largest customer and the loss of the iPhone maker's business will result in a transformative change for Imagination Technologies. The company has already begun a legal dance around Apple. "Imagination has been unable to make satisfactory progress with Apple to date regarding alternative commercial arrangements for the current licence and royalty agreement [and] has therefore commenced the dispute resolution procedure under the licence agreement with a view to reaching an agreement through a more structured process," said the company. Imagination contends that Apple will not be able to design and manufacture its own GPU without violating Imagination's patented technology. At the same time, Imagination is preparing to sell its MIPS and Ensigma businesses. Imagination will hold onto its PowerVR businesses unit. Imagination Technologies did not spell out a timeframe for making these changes.

Related

Hands On with the Miggo Pictar Camera Grip for iPhones

Miggo showed off its Pictar camera grip at IFA in Berlin this week. This accessory works with just about every iPhone from the iPhone 4 through the iPhone 7 Plus.

5 Best Phones to Take On Summer Vacation

Summer is here, which means it's time to go on vacation! Whether you prefer to make day trips to local points of interest, or plan far-flung adventures that span the globe, you're going to want your trusty smartphone by your side.

First Look: Apple iOS 11

Apple debuted iOS 11 during the June 5 keynote of its annual developer conference. The refreshed mobile operating system is primed to hit iPhones and iPads later this year with improvements to the App Store, Apple Maps, the camera, Control Center, Files, keyboard, iMessage, Live Photos, Siri, screenshots, and much more.

iOS 11 Lets Users Temporarily Disable Touch ID

Aug 17, 2017
A new setting discovered in iOS allows iPhone owners to quickly and temporarily disable Touch ID. Pressing the power button rapidly five times activates SOS Emergency mode.

iOS 11 Public Beta 5 Lands Right After Developer Beta

Aug 14, 2017
Apple today released iOS 11 Public Beta 5 to those testing the platform, mere hours after the company made the developer version available. iOS 11 targets the iPad more than the iPhone, but both devices gain expanded Control Center tools, a refreshed App Store, new camera features, Siri improvements, as well as updates to iMessage, the Keyboard, files, and more.

Apple iPhone 7

4.7" display HD+ resolution
Apple A10 processor 2 GB RAM
1,960 mAh battery
NFC, Fingerprint Reader, Water-Resistant

Apple iPhone 7 Plus

5.5" display FHD+ resolution
Apple A10 processor 3 GB RAM
2,900 mAh battery
Telephoto Camera, NFC, Fingerprint Reader, Water-Resistant

more news about:

Comments

This forum is closed.

This forum is closed.

No messages

Page 1 of 1