Tag Archives: Softens

Imagination Tech Warns on Profit as Smartphone Market Softens

Imagination Tech Warns on Profit as Smartphone Market Softens Imagination Tech, the British company whose graphics technology powers some Apple devices, warned on profit on Tuesday, saying it had been hit by a slowdown in semiconductor and smartphone markets. The company swung to an operating loss of 7.3 million pounds for the six months to end-October, from a profit of ... Read More »