Imagination Technology IMG. Apple has served notice on IMG that in 15 months to 2 years time it will stop using IMGs intellectual property in its new products, be they phones, tablets, i pods or watches. This means that IMG will not then be eligible for royalty payments from Apple under the present agreement. Apple is IMG’s largest customer and has been using IMG’s intellectual property for many years. Now it looks like war with only the lawyers licking their lips at the prospect.
Apple insists that it has been working on its own separate, independent graphics designs. IMG has asked Apple to produce evidence that these will not infringe IMG’s patents, confidential information and intellectual property rights. Apple, being Apple, has ignored the request. Does the invasion of Poland draw nigh?
Reckitt Benckiser RB. has come to the conclusion that French’s Foods is such a fantastic performer with great brands, great people and a history of out performance that it it is going to launch a strategic review of food so that it can decided what to do with this “great food business” i.e. French’s. Well if its such a good performer and its people are so great, there should only be one answer and a management which was even only slightly clued up would know what that answer was without wasting time on strategic reviews. Simple – replace themselves with the management of French Foods, start a strategic review of their own present performance and ascertain why French’s does so well by comparison.
Obviously a strategic review keeps group management busy and out of harms way but in the end management is supposed to manage.
Iofina IOF Problems with a partner over brine supplies have proved to be a blessing in disguise. Alternative sources of supply have been investigated, as a result of which IOF expects to be able to increase iodine production above end 2016 levels and to reduce overall production costs.