LONDON, March 18 (Reuters) - Imagination Technologies, the company that provides graphics technology to Apple,said licensing activity had been a "little muted" sinceNovember, although its pipeline remained good and it saw itsoutcome in licensing at least the same as last year.
"We currently expect licensing revenue to be close to lastyear's level with the potential of single digit growth dependenton exact closure timing of the remaining deals," the companysaid.
Imagination said it was confident its progress wouldcontinue, and it expected it partners to ship more than 1.3billion chips based on its technology in this financial year. (Reporting by Paul Sandle; editing by Sarah Young)