Imagination Technologies said it had started a “dispute resolution procedure” with Apple , its biggest customer. Imagination Technologies said it had started a “dispute resolution procedure” with Apple , its biggest customer. Imagination Technologies said it had started a “dispute resolution procedure” with Apple , its biggest customer, after failing to resolve a standoff over licensing between the two companies. “Imagination has therefore commenced the dispute resolution procedure under the licence agreement with a view to reaching an agreement through a more structured process,” it said. Imagination also said it planned to sell two businesses, its embedded processor technology MIPS and mobile connectivity unit Ensigma.

Source: Indian Express May 04, 2017 07:07 UTC