MStar licenses PowerVR Graphics IP

Another superb win for IMG with a new partner, MStar Semiconductor, the global no.1 independent DTV chip supplier. This highly aggressive Taiwanese company has taken market share from Mediatek and others in the Chinese/Asian markets over the past few years.
At the AGM , HY said he 'cannot over-emphasise design-win strength in this area' when referring to the Home/Consumer market.

Imagination Technologies Group plc (LSE: IMG; "Imagination"), a leader in System-on-Chip Intellectual Property ("SoC IP"), has signed a multi-use license agreement with MStar Semiconductor, Inc. (MStar), a worldwide leader in Digital TV chip sales, for IP from Imagination's PowerVR SGX Series5XT graphics family.

MStar will deploy Imagination's technologies in SoCs targeting consumer markets.



Under the terms of its licensing arrangements Imagination receives license fees and royalty revenues on shipment of chips incorporating Imagination's IP.