Imagination Technologies has been hit hard following the announcement that Apple will stop using the company's PowerVR graphics technology in iPhones and iPads in favour of graphics tech it is developing...
Apple Watch and iPads may be launched next month
Huawei can no longer produce the chips it needs for its high-end smartphones with features like 5G and AI, due to US government sanctions
Rivals AMD and Nvidia have already started taking advantage of 7nm technology to produce more efficient chips
The chip maker is also rumoured to have made major breakthrough in 2nm chips
Acknowledges many small problems that still remain to be solved