News: Imagination Technologies Group PLC (IMG.L)
17 Dec 2014
Tue, Dec 16 2014
LONDON - Imagination Technologies, the British company that supplies graphics processing to Apple Inc, said it expected an improved second half as costly investments which weighed on the first months of the year begin to pay off.
* H1 adjusted pretax slumps 75 pct, reflecting higher investment
LONDON, Dec 16 - Imagination Technologies, the British company that supplies graphics processing to Apple, reported a 75 percent drop in adjusted profit in the first half, reflecting heavy investment in its product line.
* Pure business is trading in line with expectations following renewed focus and organisational changes implemented at end of FY14
* Geoff Shingles to retire as chairman within next 6 to 12 months when a successor has been appointed Source text for Eikon: Further company coverage:
* Sale of Imagination Technologies Group Plc shares by Intel Capital
LONDON, June 24 - Britain's Imagination Tech , a supplier of graphics and video technology to Apple , beat expectations for full-year operating profit on Tuesday, reflecting stronger demand to license its processor blueprints.
- Imagination Takes Open and Accessible Micro-Computing to the Next Level
- Imagination's Sir Hossein Yassaie Receives the Prestigious NMI Award for Contribution to Industry 2014
- New Codescape Tools From Imagination Deliver Comprehensive MIPS Software Life-Cycle Development Environment
- Scalable PowerVR Series7 GPUs Target Applications From Wearables to Servers, Reaching Teraflop Performance
- Imagination to Highlight New IP Cores and Embedded Security at Embedded Technology Conference & Exposition 2014
- Imagination to Share Vision for Driving WebRTC Into Everything at WebRTC Conference & Expo
- Imagination Highlights Virtualization and Security Trends at Linley Tech Processor Conference
- Embedded Computing Design Magazine Names Imagination's MIPS Warrior M-Class Cores a Top Embedded Innovation
- Meridian Audio and Imagination Announce Collaboration on High-End Multi-Channel Wireless Audio Systems
- 64-bit MIPS Warrior Core Will Change the Game for CPUs From Mobile Devices to Datacenter Servers