16 Feb, 2025

Imagination Technologies Announces 20% Workforce Cut Amidst Business Challenges

UNITED KINGDOM: In a strategic move to navigate a tumultuous business landscape, Imagination Technologies, the U.K.-based chip technology design maker, has revealed plans to lay off 20% of its workforce, according to confidential sources close to the matter. The company, known for supplying chip technology to tech giant Apple since a 2020 agreement, cited a challenging “business […]

1 min read

Chinese Chipmaker Yangtze Memory Technologies Files Patent Infringement Lawsuit Against Micron Technology

CHINA: In a bold move, Chinese semiconductor manufacturer Yangtze Memory Technologies Co (YMTC) has fired the latest salvo in the ongoing chip industry battle by filing a lawsuit against U.S. rival Micron Technology. The lawsuit, lodged on November 9 at the U.S. District Court for the Northern District of California, accuses Micron of infringing on eight […]

2 mins read