Intel to Apple: NO, IT'S MINE!

This has proven to be quite a week for Imagination Technologies. Just days after it was revealed that Apple has taken a 3.6 percent stake in the U.K. chip designer–whose PowerVR mobile graphics components are now expected to figure prominently in future iPhones–Intel raised its own stake in the company to 3.04 percent.

Intel to Apple: NO, IT’S MINE!

This has proven to be quite a week for Imagination Technologies. Just days after it was revealed that Apple has taken a 3.6 percent stake in the U.K. chip designer–whose PowerVR mobile graphics components are now expected to figure prominently in future iPhones–Intel raised its own stake in the company to 3.04 percent.