Imagination Technologies (IMG.L) announced that STMicroelectronics (STM) has licensed Ensigma communications processor technology from Imagination for use in a multi-standard programmable radio solution targeted at car radios. Under the terms of its licensing arrangements, Imagination receives license fees, and royalty revenues on shipment of SoCs incorporating Imagination's IP. The new generation of ST digital radio receivers will support a wide range of global digital radio standards including Digital Audio Broadcasting and HD Radio.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.