Imagination Tech Starts 'Dispute Process' With Apple Over Chip Licensing Rights


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long-time apple chip supplier imagination technologies has started "dispute resolution procedure" apple after failing resolve disagreement on licensing between 2 companies (via reuters).

last month, apple informed british chipmaker plans cease using graphics technology in consumer devices on next 2 years transitions using own in-house chips products including iphones , ipads.

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news came major blow imagination, receives small royalty on every device sold, amounting half of revenue. company's shares fell 70 percent on day , have barely recovered.

imagination stated in april doubted apple go alone without violating imagination' patents, intellectual property , confidential information. on thursday said had been unable make satisfactory progress apple on alternative commercial arrangements current license , royalty agreement.
analysts have predicted imagination become loss-making 2019 without apple royalties fall on, , firm have work out cost-cutting strategy if survive.

company has revealed selling mips , ensigma - 2 of 3 major businesses - in attempt shore cash, allowing renewed focus on powervr graphics technology.

"while group has continued invest in mips , ensigma businesses, has decided actively market these businesses sale, concentrate resources on powervr , strengthen imagination's balance sheet," said.

article link: imagination tech starts 'dispute process' apple on chip licensing rights
 

if apple has means make own graphic chips, not sure dispute resolution if apple intent on divorcing.
 


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