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Guide Imagination could too long remain silent about Apples intentions


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 Guide Imagination could too long remain silent about Apples intentions


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POSTER: computer news   ||    GUIDE IMAGINATION COULD TOO LONG REMAIN SILENT ABOUT APPLES INTENTIONS

DATE:2017-07-09

In the case of the severance of relations Imagination Technologies and Apple, which has so far used the development of the first in the graphicssystem of its mobile processors, new details appear, as noted by Reuters .  The leadership of the British developer of graphics solutions is now blamed for untimely disclosure of information that is of significant importance to shareholders.

At a meeting with investors last Tuesday, the head of Imagination said that Apple's plans to break the contract became known to him at the end of March, but Apple insists that it informed the partner of its intentions as early as February 9.  Shareholders Imagination notified of these changes only on April 3, after which the collapse of the share price of the company occurred.  Subsequently, the management of Imagination came to the conclusion that the company will have to sell in order to save the business.

Apple accuses  Imagination management of not only hiding information from shareholders during the period from February to early April.  The American company claims that as early as 2015, Imagination was informed of its intentions to stop using its developments in its products in an uncertain future.  The head of Imagination continues to believe that Apple will not be able to completely dispense with any patented solutions, for which it will be necessary to make deductions of the first companies  .  The situation acquires certain judicial prospects, and Imagination shareholders can act as the injured party, Apple as a witness, and the accused will be the people heading the British company, which is put up for sale.


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