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Apple invests in ITG to boost strength of iPhone

Apple has purchased 8.2 million shares of Imagination Technologies Group (ITG) stock, giving Apple 3.6% ownership. ITG is the company behind the PowerVR MBX and PowerVR SGX and VXD. The SGX is compatible with OpenGL ES 2.0 which includes a shader engine for more realistic 3D graphics. The VXD is capable of handling resolutions up to full HD resolution.

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