Imagination wins the “Autonomous Driving Award”, at the World Smart Car Conference in Guangzhou, China on 4 December 2020. Imagination Technologies’ development centers around the world (Image: Imagination Technologies) China, China, China It’s not just IP companies that see China as a big market. Is Japan a golden  opportunity for investors in the coronavirus storm? China-backed owner of Imagination Technologies plans to relist chip designer . Imagination Technologies Room 903, 904 & 905 Floor 9, No.1155 Fangdian Road, Kerry Parkside Office Building, Pudong, Shanghai 201204, China +86 021 2043 0000 [email protected]. Apple is banking on China for its upcoming 5G smartphone and sales growth via companies like China Mobile. Top employers in China. Imagination Technologies creates and licences semiconductor System-on-Chip Intellectual Property (SoC IP). A Chinese company’s attempt to take control of the board of Imagination Technologies has sparked a political backlash. Imagination was acquired in 2017 by Canyon Bridge, a private equity firm backed by China Reform Holdings, an investment firm with direct ties to the Chinese Communist Party. LONDON, UK and Beijing, China – 7 th May 2020 – Imagination Technologies and BAIC Group Industrial Investment Co., Ltd. (BAIC Capital), signed a joint venture agreement to initiate the establishment of an industry-leading automotive fabless semiconductor company. A Chinese state-owned fund, China Reform Holdings, is the investor’s main backer. Explore 447.000+ new and current Job vacancies. China – Shenzhen. Find out more, The latest offers and discount codes from popular brands on Telegraph Voucher Codes, Ant Group plans major shake-up to placate Chinese regulators, Mobile firms to tackle rural 'not spots' by sharing more than 200 masts, GameStop worth more than $10bn after Elon Musk fuels frenzied surge, Microsoft reveals record profits of $15.5bn as work from home booms, Belfast, Dundee and Exeter the most likely to become leading UK tech hubs, British chipmaker Imagination Technologies, sold to private equity business Canyon Bridge, Technology intelligence - newsletter promo - EOA. China Reform Holdings is controlled by the Chinese government. MIDAS SHARE TIPS: Are you seeking fat profits from your investments? We urge you to turn off your ad blocker for The Telegraph website so that you can continue to access our quality content in the future. 06 April 2020. It has been claimed that China Reform wanted to move Imagination and its cutting-edge intellectual property to China despite assurances it would stay in Britain. Imagination’s China office also began describing the firm as a “Chinese company.” This brings us to the news from this past week. We ask Tom Slater about its 105% return in a year, Tesla, and investments for the future, 'UK equities could be the perfect way to play a global reopening at a fair price': Tom Becket. Car dealer Inchcape slashes pay and scraps dividend as... Pressure mounts on UK luxury goods firms after Chanel, Gucci... Investor optimism sends stocks soaring amid signs spread of... Top bankers FINALLY take a pay cut in the face of... Easy and most popular DIY investing platform, Max £42 investment trust and shares ISA fee, Online investment advice on Isas and Sipps, > Compare the best investing platform for you. China +86 10 5982 2240 +86 10 5982 2241. Chinese investors have abandoned an attempt to seize control of a British technology star after a furious backlash in Westminster. What next for shares after the post-crash bounce? La société britannique, qui fournit (ou fournissait) son architecture PowerVR à Apple pour les processeurs graphiques de ses appareils mobiles, a été achetée par un fonds d’investissement chinois, Canyon Bridge. News. One is Softbank-owned Arm; the second is Imagination Technologies. At Imagination Technologies, we apply world-renowned engineering expertise to solve today’s most pressing technology challenges; from smarter devices using artificial intelligence to greater insights through augmented reality. The sale of Imagination Technologies, founded in 1985, was approved by the government of then-Prime Minister Theresa May on the basis that Canyon Bridge would be subject to U.S. law. Motor thefts rose by a third last year, DVLA data shows: These 15 models were most frequently reported stolen, No £1-a-litre fuel this lockdown: Petrol prices jump another 4p in a month - as retailers are accused of stinging drivers with a 'lockdown bonus', A better way of earning air miles from your everyday spending? Imagination Technologies Room 2660, 26F, Anlian Building, No 4018 of Jintian Rd, Futian District, … Can Scottish Mortgage keep climbing? View map. It is reported that an Imagination executive has heard from China Reform Holdings that it wants to move the domicile of Imagination from the UK to China. By Rory Gallivan ONDON--Shares in Imagination Technologies Group PLC soared Monday after it revealed China's Tsinghua Unigroup International has taken … I won’t go into its entire history here (we have Wikipedia for that), but traditionally it has been famed for two things: its PowerVR GPU technology, and the MIPS CPU technology it acquired in 2012. Senior MPs in the UK have alerted the government over possible attempt from a Chinese state-owned business to take control of the board of British chipmaker Imagination Technologies. The intervention comes with the Apple supplier due to hold a board meeting next week to discuss the appointment of four representatives of a state-controlled Chinese investment firm to its board. The dilemma is the tech industry needs China and China needs international tech. Imagination Technologies, a top UK semiconductor company acquired by a state-backed Chinese fund, ranks a listing on the Shanghai stock exchange’s tech board as its top option once it is ready to float shares, according to Reuters. Imagination Technologies, Produzent der PowerVR-GPU und Eigner der MIPS-Prozessorarchitektur, gehört nun einem chinesischen Konsortium an. We need to act if we want to stop sales that diminish our ability to innovate at home and compete globally.”. 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