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Explaining The Interconnected Fates Of The World's Most Profitable Tech Firms
Thursday, July 13, 2017 - 11:40am | 545In a world that’s been described as dog-eat-dog, where “survival of the fittest” and like cliches abound, business competition is fierce. With limited resources and limited customers, some companies, like the people running them, have found strategic treaties and partnerships...
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Intel Has Reportedly Ditched Nvidia For Advanced Micro Devices
Tuesday, May 16, 2017 - 11:41am | 432A major GPU licensing deal between Intel Corporation (NASDAQ: INTC) and NVIDIA Corporation (NASDAQ: NVDA) reportedly expired in March. According to reports from Fudzilla, a website focused on IT news, Intel may have opted to sign a new licensing deal with Nvidia rival Advanced Micro Devices, Inc. (...
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What Does Apple Dropping Imagination Mean For Other Apple Suppliers?
Thursday, April 6, 2017 - 9:54am | 567For an Apple Inc. (NASDAQ: AAPL) supplier that generates more than half its revenue from Apple, the news that Imagination Technologies just received is the worst-case scenario. Apple recently announced that it will not be renewing Imagination’s contracts, sending Imagination’s shares...
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Apple's Move To Ditch A Supplier Was 'Ruthless' But In-Line With Long-Term Vision
Wednesday, April 5, 2017 - 10:03am | 425Apple Inc.'s (NASDAQ: AAPL) decision earlier this week to no longer buy technologies from Imagination Technologies sent the latter tumbling as much as 70 percent. According to CNBC's London-based technology correspondent Arjun Kharpal, Apple was most certainly "ruthless" in its...
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Apple Caused This UK-Listed Stock To Plummet 70%
Monday, April 3, 2017 - 10:01am | 370Imagination Technologies Group plc (LON: IMG), a London-listed technology company that is involved in the creation and licensing of semiconductor processor IP, tanked 70 percent on Monday. The sell-off immediately followed Apple Inc. (NASDAQ: AAPL)'s announcement that it won't be using Imagination...