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↪ Apple renews agreement with company responsible for graphics chips used in iGadgets

Apple A7 chip

THE Imagination Technologies company that supplies SoCs (systems-on-a-chip, or systems-on-a-chip) for Apple reported today that Ma has renewed its multi-use licensing agreement which gives access to all current and future graphics chips in the PowerVR line, among other technologies. Under the terms, Imagination will receive not only licensing fees but also royalties shipments of SoCs used in iGadgets. (AppleInsider)