According to a press release from Imagination Technologies Group, Apple is "subscribing for" 8,200,000 new shares of Imagination Technologies Group which means Apple will have an ownership interest of 3.6% in the company. The press release also reveals that Apple is a licensee of Imagination's technology.
This is the first public confirmation that Apple is both a licensee and investor in the company which is responsible for the PowerVR 3D chipset for the iPhone and iPod Touch.
In September, Imagination Technologies announced that they had secured a new "multi-year, multi-use license agreement" with an unnamed company that gave access to both current and future PowerVR graphics and video cores. Apple was speculated to be the licensee at that time.
Combined with the acquisition of P.A. Semi and ARM licensing, it seems Apple has assembled everything it needs to build out new custom iPhones, iPod Touches or other mobile devices.
Apple's iPhone development roadmap runs several years into the future and the company is continually working with suppliers on several successive iPhone models concurrently, which is why we sometimes get rumored feature leaks so far ahead of launch. The iPhone 17 series is no different, and already we have some idea of what to expect from Apple's 2025 smartphone lineup. If you plan to skip...
Apple today held the first event of 2024, debuting new iPad Air and iPad Pro models and accompanying accessories. While the event was faster than normal and took 40 minutes, we've condensed it down even further for those who want a quick overview of everything that was announced. Subscribe to the MacRumors YouTube channel for more videos. We've also got a full recap of all of the coverage...
Apple today announced that iOS 17.5 will be released to the public "soon," following over a month of beta testing. While the software update is relatively minor, it does have a few new features and changes, as outlined in the list below. "The new Pride Radiance watch face and iPhone and iPad wallpapers will be available soon with watchOS 10.5, iOS 17.5, and iPadOS 17.5," said Apple, in its...