Another day of good news for IMG. Long-time partner and global semiconductor giant Renesas has taken a multi-use agreement for more SGX-5XT cores. They already use the SGX 543MP2 in the AG5 chip (for DoCoMo handsets H2 this year). It is also suspected that they are a 'Rogue' partner.
Renesas Electronics licenses further high-performance graphics processor cores from Imagination Technologies
Imagination Technologies Group plc (LSE: IMG; "Imagination"), a leader in System-on-Chip Intellectual Property ("SoC IP"), has signed further multi-use licence and extension agreements with Renesas Electronics Corporation (TSX: 6723), a premiere supplier of advanced semiconductors, for graphics technologies from Imagination's POWERVR SGX Series5XT IP core family.
Renesas Electronics will deploy these technologies in future system-on-chip (SoC) designs for the mobile, consumer and automotive markets.
Under the terms of its licensing arrangements Imagination receives license fees and royalty revenues on shipment of SoCs incorporating Imagination's IP.
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