Imagination Technologies PLC (IMG)

Imagination Technologies PLC (IMG)

Blog posts

Imagination Technologies – And Why You Should Avoid Such Companies

Imagination Technologies Group (IMG) announced yesterday that Apple, it's largest customer, had notified it that they plan to stop using IMG's technology in future products. Apple represents more than 50% of IMG's revenue and the share price promptly fell by 62%. IMG provides Graphic Processing Units (GPUs) to Apple who have apparently been developing alternative solutions, possibly with the assistance of former IMG employees. IMG suggested that Apple would likely be infringing its patents or other intellectual property so that suggests that ...

AGM Reports

Imagination Technologies PLC (IMG) AGM report 2016

Tuesday, 6 September 2016 at 9:00am. Share price then 235.5p price now 1 November 2016 is 228.5p with an interim high of 265p. Current Mkt Cap £640mil. The AGM was dragged from their normal Agm in the company offices and HQ in Kings Langley to a dark obsucre 20 seat basement in the offices of their US/UK corporate broker Jefferies in central London. The AGM was also changed from the usual late morning start with lunch and afternoon to an early 9am. This ...
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