Imagination Technologies’ shares plunge 70 percent after Apple ditches firm – Reuters

LONDON Imagination Technologies (IMG.L) has been told by Apple (AAPL.O), its biggest customer, that the maker of iPhones, iPads and Apple Watches is to stop using its graphics technology in its new products, sending shares in the company crashing by …
Apple ditching Imagination Technologies GPU technology, moving design in-houseAppleInsider (press release) (blog)
Apple Supplier Learns Downside of Living at Juggernaut’s MercyBloomberg
Apple drops a supplier and its stock falls 72%CNNMoney
USA TODAY -ZDNet -BGR -Computerworld
all 186 news articles …read more