Apple to stop using Imagination Technologies GPU tech within two years in favor of its own custom architecture, $IMG stock falls by 70%

Apple to stop using Imagination Technologies GPU tech within two years in favor of its own custom architecture, $IMG stock falls by 70%

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<p>Up to now, Apple’s custom silicon-on-a-chip (A10 Fusion, A9, A8 etc) have relied heavily on GPU designs from Imagination Technologies for graphics performance tasks. This means Apple pays Imagination a royalty for every iPhone and iPad sold; the company generates about its revenue from Apple.</p>
<p>Today, Apple announced that it will stop using Imagination Technologies intellectual property within two years, ending its royalty payments. $IMG stock plummeted in wake of the news, falling by 70% to eight-year lows.</p>
<p> <a href="https://9to5mac.com/2017/04/03/apple-to-stop-using-imagination-technologies-gpu-tech-within-two-years-img-stock-falls-by-70-percent/#more-475282" class="more-link">more…[/url]</p>
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Source: Apple to stop using Imagination Technologies GPU tech within two years in favor of its own custom architecture, $IMG stock falls by 70%