Apple's main GPU vendor sold itself after losing the contract

Imagination Technologies, a UK chip maker often supplies graphics chips for Apple products, has just agreed to sell it to Canyon Bridge, a Silicon Valley private company and backed by Yital Capital. of China.

The Financial Times said the news appeared only about six months after Apple - Imagination's biggest customer - announced that it would no longer use Imagination's product. Accordingly, Canyon Bridge bought for £ 550 (equivalent to $ 743.2 million).

Apple's statement in April caused Imagination's stock price to drop by half in just one night, bringing them to a serious crisis. At that time, Apple said it would develop 'at home' graphics, later demonstrated by the Bionic A11 used in iPhone 8 and iPhone X.

Apple aims to produce its own CPU, GPU will affect many suppliers

This chip, designed specifically for heavy-duty tasks like AI or augmented reality, is part of a plan to make Apple's smartphones completely different from other competitors, based on hardware optimizations. and Apple's own software.

In June, Imagination announced that it would sell itself. They also look for legitimate ways to see if Apple can develop GPUs without violating their technology copyright. 'Apple did not provide any evidence to prove that they did not need Imagingation technology, did not violate Imagination's patent, intellectual property and confidential information, the company said earlier this year.

See more:

1. Apple 'home' chip manufacturing journey, threatening rulers Qualcomm and Intel
2. AMD and Nvidia - who is the king of GPU dominance?
3. Nvidia: Moore's Law is dead, the GPU will soon replace the CPU