Apple iPhones are displayed at an Apple store in Beijing, China, February 17, 2016. REUTERS/Damir Sagolj
LONDON: Imagination Technologies, the British company whose graphics power Apple's iPhone, said it would make new cost cuts, including job losses, to speed up a turnaround plan.
Tough trading conditions and a slow down in the rate of iPhone shipment growth will result in Imagination posting an operating loss for the year to the end of April, it has warned.
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