Imagination Technologies Share Discussion Threads

[sweenoid] 29/11/2016 12:49

Whilst many concentrate on those 'leaving' IMG , It's nice to see some of IMG's bright young things gain attention and awards



At the same event Joanne Taylor sponsored by IMG at Bristol Uni won the student of the year

Well done folks, I hope you both stay with the company
S

[hammerd2] 28/11/2016 08:57

Telegraph were only about 6 months late Snaff, but that's not bad for them, most of their editorial staff still think we have an empire I think !



I've heard some very positive things out of Finland from friends who work there, but can't help wondering why a dead brand would think there would be a market for another "me too" phone in a very crowded and largely unprofitable Android marketplace.

If Nokia had embraced the touchscreen and continued with their own OS they wouldn't have ended up being shafted by MS in the first place.

I wish them well, and hope this time round they don't drop IMG GPU powered models like they did after the wonderful N95 !

[hammerd2] 25/11/2016 15:49

This rumour could all be a load of hairy old b....s but I'd imagine an A10X would be the canine's danglies.



A week of claims that this is all Apple and no IMG GPU will then no doubt ensue. It's a shame we don't get the breakout of large customer sales in the half year results as that would end that particular argument instantly one way or the other.

[nearlythere] 25/11/2016 15:14

Not sure if posted before but a good read

[snaffleclamp] 25/11/2016 12:08

Nokia making Android phone comeback..



Cara McGoogan
21 NOVEMBER 2016 • 12:26PM

Nokia has confirmed that its upcoming smartphone will be released next year, making good on its promise to re-enter the mobile phone market.

The once-mighty Finnish company sold its device business to Microsoft in 2014, where phones were sold under the Lumia brand. But as Microsoft effectively exits the smartphone business, Nokia is set to return.

The new generation of devices are expected to be released in the second quarter of 2017, with rumours suggesting that they will be unveiled at Mobile World Congress in February.

Rajeev Suri, Nokia's chief executive, is scheduled to make a keynote speech at the conference, where the company will also have a stall.

Nokia confirmed it would release a phone for 2017 last week, when a corporate presentation said next year will see "Nokia brand's return to smartphones".

Microsoft restricted Nokia from manufacturing phones with its name on until 2015 when the company said it would consider re-entering the market "if and when we find a world class partner" to take care of manufacturing, sales, marketing and consumer support.

Nokia is partnering with a Finnish company called HMD, which will take responsibility for manufacturing the forthcoming smartphones. The two signed a deal back in May that gave HMD the exclusive rights to the Nokia brand.

The newly-formed company will spend €500m (£430m) on marketing the phones in the next three years. It has agreed a deal with Nokia to exclusively produce its hardware for the next 10 years.

No details are yet available about the phone itself and the features that it will have, but Nokia's new devices are expected to run on Google's Android operating system. Nokia website Nokia Power User claims that two high-end handsets running Android Nougat are in the works.

[hammerd2] 25/11/2016 08:26

I wouldn't lose too much sleep over lack of support from Windows Mobile.

[nearlythere] 24/11/2016 16:44

A little bit on eye 4




"Windows 10 x86 emulation on ARM awaited"



It would help if they also supported MIPS

[pottsey] 24/11/2016 16:38

hammerd2 said “Don't tease Pottsey, he's very sensitive about RT. Don't think he's got over the admission at the last report that there weren't really any licenses signed (and they weren't actually lurking in the PowerVR totals), let alone that it would probably be at least another year!”
Yes I was upset at being at being lied to, wouldn’t you be? But I got over that ages ago, why would you think different? So what if they are not lurking in the PowerVR totals. My logic and conclusion based on the data was perfectly reasonable even if you failed to understand it. Just because there are none lurking now it doesn’t mean I was wrong which you should understand if you truly understood my argument and point of view.

RT is sub section of a GPU and sub section GPU licences are in the PowerVR Totals. When/If RT is sighed that is where one would expect the RT licences. If IMG choose to they can hide RT licences within the GPU totals or they can separate RT out it’s something IMG can choose. They do not have to tell us. So if someone like Apple wants an RT licence IMG can if they want hide it away or IMG can choose to tell us RT has been licensed. I don't know why that is so hard for you to understand.

Anyway its clear RT has been delayed by years and that what I was told by IMG staff wasn’t true. Why would you think I am sensitive over that? Anyone that sensitive should not be share trading.

[hammerd2] 24/11/2016 09:45

I see Skyscanner has been sold for £1.4bn !!

[hammerd2] 22/11/2016 15:05

Who could he/she be ? Where could he/she come from ? When will his/her profile appear on the website ?

IMG's financial calendar page still lists events from May so don't hold your breath :-)

[twatcher] 22/11/2016 14:40

I'm keen to see who they bring in to replace him, could be interesting.

[arrash] 22/11/2016 14:34

FYI Martin Ashton still listed on IMG web site as Exec VP of powerVr but on LinkedIn it is stated as VP of Intel From Nov 2016, I.e. He left IMG this month. So the new board cannot keep key people! One good thing that he did not join Apple!

[hammerd2] 22/11/2016 11:07

Don't worry I'm not giving them much (any) credit for doing the easy, it just needed to be done and as far as the II's were concerned HY's cost cutting plan wasn't going to be quick enough or, presumably, deep enough. H2 licensing slump was all to do with market uncertainty following the Night of the Long Knives exit of HY and nothing to do with any "market slowdown" - we've been hearing that for 4 years now while everyone else has seen their markets mysteriously expand.

Don't tease Pottsey, he's very sensitive about RT. Don't think he's got over the admission at the last report that there weren't really any licenses signed (and they weren't actually lurking in the PowerVR totals), let alone that it would probably be at least another year !

[nearlythere] 22/11/2016 10:45

H2
I am not sure I would be giving them much credit for the cuts, as far as I remember big bonuses were paid when many of these companies hellosoft etc were purchased for imo over inflated amounts ( I forget who was the head of the remuneration committee during that time?). Now it looks more bonuses may be paid for dumping them a 1/10 of the price,looks more like heads they win, tails they win.

While hy flight of fancy left img IMO with one big customer and a lot of hot air, I expect this management team to continue the easy way to improve imgs bottom line, selling building and cutting costs.

As per usual I expect the mid term statement to blame "market conditions" for a downgrade to the expected profit followed in march by a profit warning due to "timing issues".

As always I will be more than happy to be proved wrong.

P.S. I can not find any information or rumours on the Rt chips over the past few months, I assume anyone interested in RT will have completed their evaluation by now. For "Game changer" technology it seems awfully quiet out there.

[hammerd2] 22/11/2016 07:40

Says the T1 touch bar controller chip is the same as Watch S2 chip with secure enclave. S2 almost certainly has our GPU IP (though there's no 100% confirmation I can find) so might we have a small foot in a MacBook ?

As a counterpoint suggests there's no GPU in the T1 ! These pages are usually pretty accurate.

[hammerd2] 21/11/2016 16:55

Totally agree. It's one (welcome) thing to reduce costs but there's only so low they can get and if you're not increasing revenue you ain't going anywhere fast. Our route to increased long term profitability is through royalties which in turn is via increased (or better) licensing deals. Having more licenses simply increases the possibility that more licensees are more Apple than ST. This will be the first full reporting period of the new regime. Let's see if they can get licensing back on track. Almost none of the licensing numbers came from discontinued operations so that's not a crutch they can use for failure.

H2 licensing was a derisory £9-10m (after adding back the 5.7m cancellation money) ! Unless it's back to minimum £12m (old money, £14m new currency value) then they've got a fail for their first report card from me.

EDIT - just remembered that £1.5m of the £9-10m H2 licensing was actually part of the £3m that closed 24 hours after the H1 reporting period thus making H2 licensing performance look even more pathetic. Getting post HY confidence back into potential customers that there will still be an IMG to license from is key.

I think I've probably mentioned it before so excuse me for repeating myself but cutting costs is relatively easy. Generating new business is not. While they deserve great plaudits for finally doing the easy stuff you should only get big bucks and slaps on the back for doing the difficult.

[nearlythere] 21/11/2016 16:26

At least this time the room for excuses is limited. The continuing lack of news or rumours relating to imgs GPu ip seems to point to a continued fall in gpu licenses.

As Android market is the only major source of high volume, high value GPu ip license and royalties the X30 is a good win, however for img to be seen as a major player in Andriod it needs many X30 type wins and that seems unlikely.

The primary business of img is to sell gpu ip licenses if that has not improved then management have failed.
While the number of licenses may improve it is the quality of the the licensee that is important.

[hammerd2] 20/11/2016 09:18

As there hasn't been any evidence of it yet the jury is still out on more simplified accounts. Let's see how readable they are when they actually come out. I'll be delighted if they make more sense but my suspicion is there will be a whole lot of hocum in there based around making the turnaround look better for bonus purposes :-)

[rjwooll] 19/11/2016 12:24

On the contrary, the financials are now a lot clearer than they used to be - all the fantasy has been written off. Overvalued investments, unprofitable contracts, the PURE chimaera - all gone. We are better placed to judge the actual performance of the business, and I'll be looking at not only licensing but also costs and profitability. If the new management can build sustained and improving profitability from a smaller revenue base, and move towards increasing licensing revenue, they will be on the right track.

Richard

[jamesrowe] 18/11/2016 16:50

Hopefully we will get some more news shortly on the new Spreadtrum processors which should help lift spirits if not the share price 1st silicon due early Dec??

[hammerd2] 18/11/2016 16:02

Just 9 shareholders currently hold 67% of IMG shares. Add in the holdings of D and the Bedford Massive and there are barely any free floating shares on the market ! Daily transactions amount to about 1.5% of free shares. Is that normal ?

H1 results are published 6 December. Licensing info (number of deals rather than revenue) is the only part I'll be interested in. The financials are currently so manipulated/mangled * to fit the required narrative as to be barely worth penetrating.

* delete as appropriate

[taffy100] 15/11/2016 14:41

Imagination Technologies Adopts Synopsys STAR Memory System for Embedded Memory Test and Repair for New MIPS Processor