Imagination Technologies may have just lost its biggest customer. The company said it’s been notified by Apple that it no longer plans to license the firm’s graphics processing technology and will instead build its own mobile GPUs for use in its iPhone and iPad devices. The phase-out is to occur in 15 months to two years. Barring a renegotiation,

Source: Hot Hardware – Apple To Design Its Own iPhone GPU Core Abandoning Imagination Technologies Partnership, IMG Shares Tank