UK chip designer Imagination at risk of being seized by Chinese investorThe UK company Imagination fears intellectual property assets could be lost...
What you need to know
Apple and Samsung chip designer Imagination has scheduled an emergency board meeting next week.
That's over fears that a state-controller Chinese investor is trying to seize control of the company.
Imagination makes GPUs for Apple and Samsung, and its designs feature in 30% of the world's smartphones.
Apple and Samsung chip designer Imagination has scheduled an emergency board meeting after it emerged that a state-controlled Chinese investor is trying to seize the company.
According to a report from Sky News:
A state-controlled Chinese investor is trying to seize control of Imagination Technologies Group, the British chip designer – sparking fears that its prized intellectual property assets could disappear from the UK.
Sky News can exclusively reveal that Imagination, which was taken over in 2017 in a £550m deal, has scheduled an emergency board meeting next week t...
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UK chip designer Imagination at risk of being seized by Chinese investor
