Home > Brands > Apple > Chipmaker Imagination Up For Sale As Apple Pulls The Plug

Chipmaker Imagination Up For Sale As Apple Pulls The Plug

Imagination Technologies is up for sale after Apple announced it won’t be using its graphic chips in the next iPhone. Since the announcement Imagination Technologies shares have fallen a massive 69 percent.

As a result the company has received interest from a number of parties for a potential acquisition and is said to be in preliminary discussions with potential bidders.

In April Apple announced it was making its own components for future products and severed relations with Imagination.



You may also like
Apple Backs Down In Fight With Regulators Over Tap-And-Pay Technology
Apple iPhone Users Warned Against Dangerous Spyware Attack
Apple Shanghai store
Apple Aims To Ship 90 Million iPhone 16 Devices This Year
iPhone 16 Pro Models To Get Charging Boost
Microsoft Tells Employees To Drop Android And Use iPhones