Imagination Technologies

(asked on 4th April 2017) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask Her Majesty’s Government whether they intend to give financial or other support to Imagination Technologies Group plc in order to protect jobs, following the announcement by Apple Inc that it intends to stop using Imagination’s technology; if so, what form that support will take; and what assessment they have made of the impact of that announcement on the UK’s digital technology sector.


Answered by
Lord Ashton of Hyde Portrait
Lord Ashton of Hyde
This question was answered on 20th April 2017

It would not be appropriate to comment on this specific announcement which remains a commercial matter for the Imagination Technologies Group and Apple.

More widely, through our recently published Digital Strategy, we have set out our commitment to create the best possible environment for our digital firms to thrive and to make the UK the best place in the world to start and grow a digital business. The digital sector is already worth £118bn a year to the UK economy, accounting for over 7 per cent of UK GVA, and employing 1.6 million people.

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