Apple to cut Imagination royalty to a third, says UBS

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.

By David Manners - Electronics Weekly, Apr. 19, 2017 – 

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.

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