A UK tech company backed by Apple is in crisis

Business Insider
By Oscar Williams-GrutFeb 13, 2016, 3:44 am273 pts
Imagination Technologies, a microchip designer that works with Apple and counts the US tech giant as its third-biggest shareholder, is in big trouble. On Monday, the company announced a huge overhaul of its business in a bid to reverse recent losses and adapt to a slowdown in the market. The changes include:…

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