Apple making their own GPU for the iPhone and iPad, Imagination Technologies shares collapsed by 67%
Company Imagination Technologies has been supplying graphics processors for smartphones iPhone. Recently manufacturer announced the termination of the relationship with Apple.
It turns out that Apple broke with Imagination Technologies, planning to replace GPU PowerVR graphics processor of its own design. Experts say that iPhone 7 is the same as GPU PowerVR GT7600 that in the iPhone 6S. He can’t for a long time to work under heavy load, causing slowdowns and overheating of the smartphone. It is believed that at the time Apple abandoned the use of PowerPC processors in their computers in favor of Intel, because the latter has progressed faster than IBM and Motorola.
After the appearance of this information in a matter of hours, shares of Imagination Technologies, most of the revenue is generated by Apple, has fallen by 67%.