Thursday, June 22, 2017

Imagination Technologies Up for Sale Following Apple Dispute

British chip maker Imagination Technologies, which lost 70 percent of its value following a dispute with Apple, has put itself up for sale, it was reported on Thursday (via Reuters). Apple informed Imagination in April that it plans to stop using the company’s PowerVR graphics technology over the next two years as it begins using its own in-house chips for products like the iPhone and iPad. The

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