Intel Corporation uses in its processors for smartphones graphics system developed by Imagination Technologies , and until recently it had almost 9.3% of the shares of this company. In the past year, Intel has reduced its stake in Imagination to 4.9%. And Apple has updated last year licensing agreement with Imagination, extend it for a few years.
JP Morgan analysts have reported that Intel and its affiliated investment structures intend to get rid of the remaining 4.9% stake in Imagination Technologies. How much will gain from the sale of Intel 13.4 million.
Exemption from Intel Imagination assets may mean that the company believes in its own forces in the development of graphics for the most fuel-efficient processors. The company managed to become a shareholder of Imagination in 2006, and since then the PowerVR graphics solutions from developer used in all processors Atom, and at the moment they fell to the list of processors Moorefield, which are used in smartphones and compact tablet.