Apple Licensing Video Cores From Imagination Technologies?

Imagination Technologies has recently been contracted into a supplying an anonymous partner company with its current and future graphics and video cores. The new licensing agreement states that the unnamed company will be paying Imagination Technologies royalties throughout the life of the contract. The contract may also lead to a line of new graphics cores to be used as components of future products. Many suspect that Apple is the anonymous partner.
Apple uses the PowerVR chipsets manufactured by Imagination Technologies in its current line of iPhones and iPods. In addition, Apple may be looking to make reach a significant architectural agreement with ARM, according to EETimes. Further speculation points Apple in the direction of producing customized chipsets specifically designed to meet the demands of future products.
[via MacRumors]

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