diff --git a/README.md b/README.md
index c7826f2e..7d06fcda 100644
--- a/README.md
+++ b/README.md
@@ -97,11 +97,9 @@ More detailed documentation is available in separate files:
 Known issues
 -------------
 
-Known performance related issues:
+Known issues:
 
-* Severe performance issues with Beignet v1.3.0 due to missing support for local memory. Please downgrade to v1.2.1 or upgrade to v1.3.1 or newer.
-
-Other known issues:
+* Correctness issues on Intel Arc A770 with version 1.6.2. Either downgrade to an older version or upgrade to a newer version.
 
 * Routines returning an integer are currently not properly tested for half-precision FP16: IHAMAX/IHAMIN/IHMAX/IHMIN