To address its mobile graphics needs
Apple is increasing its stake in a UK-based mobile-graphics chip designer, Imagination Technologies, just six months after acquiring a 3.6% stake in the company for £3.2m.
Apple purchased another 2.2m of its shares for £3.14m, adding to the 8.2m it acquired in December 2008. Media reports show that Apple purchased about 11.52m shares of the company and obtains a 9.5% ownership in the company now, which is almost triple the original stake that the company acquired last year. Apple employs Imagination Technologies' PowerVR MBX graphics cores in iPhone.
Intel has also increased its stake in Imagination to 16% recently, by acquiring 25m shares. Imagination Technologies has already announced that Intel Centrino Atom processor technology includes its POWERVR SGX graphics and POWERVR VXD multi-standard HD video technologies.
Imagination Technologies’ PowerVR mobile phone graphics support various applications in mobile, consumer and computing segments. POWERVR allows various forms of multimedia processing, such as, 3D/2D/vector graphics and general purpose processing (GP-GPU) including image processing.
Related News and Insight
Related NewsSystems & Networks> Micro Electronics
Communications> Mobility
Technology News
Related Dates
2009> June
Related Industries
Technology> Hardware> Electronics & Components
Technology> Services> Communications> Mobile
Technology> Software> Software Infrastructure> Mobility
Technology> Hardware> Semiconductor Equipment and Products
Latest News
Intelligence
GBI Research’s report “Flash Memory Market to 2020 - Heading towards a Solid Recovery Driven by Sales Growth of Tablet PCs, Smart Phones and Digital Cameras” provides the key information and analysis on the market opportunities in Flash Memory industry. The report covers the latest information on the revenue of Flash Memories, both NAND and NOR segments. The report covers the key market trends for a wide range of Flash memory applications that include computing, communication, consumer electronics, automotive and industrial sectors. The report also provides market share analysis of major Flash memory vendors. It also provides an analysis on the basis of geography up to 2020. Reports Buy online from $3500
Suppliers Directory
See more
Systems & Networks Desktops Servers Storage Networking Virtualisation Security Micro Electronics
Communications Telecoms Unified Communications Mobility
Services IT Services Outsourcing and BPO
The CIO Agenda The Boardroom Green IT Midmarket IT


Comments may be moderated for spam, obscenities or defamation.