ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

AAPL Apple Inc

192.48
1.44 (0.75%)
22 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Apple Inc NASDAQ:AAPL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.44 0.75% 192.48 191.80 193.00 192.73 190.9201 191.13 42,294,024 05:00:00

Apple to Stop Using Imagination Technologies Graphics Technology

03/04/2017 8:05am

Dow Jones News


Apple (NASDAQ:AAPL)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Apple Charts.

By Rory Gallivan

 

LONDON--U.K. semiconductor designer Imagination Technologies Group PLC (IMG.LN) said Monday that major customer Apple Inc. (AAPL) has told it that it will no longer be using Imagination technology in its products in two years' time.

Imagination said Apple has informed it that it has been working on a separate, independent graphics design to control its products.

Imagination, whose graphics technology is used in Apple phones, tablets and other devices, said Apple hasn't provided evidence that it will no longer require Imagination's technology without violating patents.

Imagination said it believes it would be "extremely challenging" for Apple to design its own graphics technology without infringing patents.

The companies are in talks about commercial arrangements, Imagination said.

Apple last year confirmed that it had held talks about buying Imagination, but decided not to make an offer.

Imagination designs technology for graphics processing units, known as GPUs, used in smartphones and other devices and for central processing units, or CPUs.

 

-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

 

(END) Dow Jones Newswires

April 03, 2017 02:50 ET (06:50 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

1 Year Apple Chart

1 Year Apple Chart

1 Month Apple Chart

1 Month Apple Chart

Your Recent History

Delayed Upgrade Clock