Last December Apple bought a 3.6 per cent stake in Hertfordshire-based chip manufacturer Imagination Technologies, which it currently licenses technology from for the iPhone and iPhone 3GS.
The iPod giant is now set to up its interests in Imagination to 9.5 per cent, for a total cost of around £3.14 million, according to MocoNews.
Imagination develops custom technologies for use in DAB digital radio, mobile and similar electronic systems, which it then licenses to its clients for use in their own devices.
Although the company has a large client roster, it seems Apple is becoming one of its largest customers, and has shown serious interest in getting into the chip design and manufacturing business itself.
There's every chance Apple might attempt to achieve this through acquisition of existing silicon-smiths, which could deliver a damaging blow to Imagination's other clients should it happen.
Top Stories
News
6 minutes ago
Ad revenue has "seen better years" on iOS, but some ad formats still pack a punch
News
2 hours, 21 minutes ago
Behaviour Interactive laying off approximately 7% of workforce with new "clear ambitions" focus
as
Feature
Jun 3rd, 2024
May 2024 mobile game charts: Brawl Stars peaks, Supercell rises, and Dungeon & Fighter Mobile’s big China launch
Feature
Jun 3rd, 2024
Hot Five: Squad Busters launches globally, AFK Journey gets innovative, and Juicy Button Games has big plans for 4X strategy genre
Events
Gotland Game Conference 2024 | Nordic | Jun 3rd |
Tribeca Games Festival 2024 | North America | Jun 5th |
Israel Mobile Summit 2024 | Middle East | Jun 6th |
Guerrilla Collective 2024 | North America | Jun 6th |
Angles 24 Freeplay Conference | Australasia | Jun 6th |
Game Audio Symposium 2024 | Europe | Jun 7th |
PitchYaGame Live 2024 | Jun 7th | |
Games Growth Summit 2024 | Europe | Jun 7th |