Wow, the question I have is, now that Market Cap is under $300M, who will come to the rescue Synopsys or Cadence or some patent trolls? It does not seem likely that Apple would buy them after all of this abuse. It would be a legal and PR fiasco, my opinion.
And who is next on Apple's hit list? QCOM and Imagination are on the way out. How about NXP, Broadcom , Skyworks, Murata, Dialog, Cirrus Logic, TI? I guess the question is which of these chips will be consumed by the Apple SoC next?
Apple to drastically cut royalties to Imagination Technologies, says UBS:
- UBS says Apple will cut royalty payments to Imagination Technologies
- Imagination Technologies provided graphics chips for iPad, iPod and iPhone
- Imagination said earlier this month Apple is cutting ties over next two years
Citing the UBS report, Reuters said Apple's decision to pay a decreased royalty rate — 10 cents compared with the current 30 cent rate — to Imagination would "become loss-making by fiscal 2019." That move could simply prolong the death of Imagination Technologies. It could also open it up for an outside acquisition.