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Home > News > Company News > Apple to cut Imagination royal.....

Apple to cut Imagination royalty to a third, says UBS

  • Author:Ella Cai
  • Release on:2017-04-20
Imagination is likely to see its royalties from Apple reduced to a third before they are finally cut out altogether in 15-24 months’ time, says UBS.

Negotiations between Imagination and Apple are likely to see a cut in royalties from 30 cents per product sold using Imagination IP to 10 cents per product sold.

The 30 cent royalty rate brings in around $80 million a year for Imagination, which is about half its total revenues.

UBS reckons that, without Apple’s royalties, Imagination will be loss-making by 2019.