Apple to design its own power chips for iPhones

Updated:10 months, 3 weeks ago IST

New Delhi, Dec 01 (ANI): Apple is designing its own power-management chips for use in iPhones as early as 2018. The news sent shares of its current supplier Dialog Semiconductors plunging. The news sank the shares of Apple's current supplier, Dialog Semiconductors, in Frankfurt, even though Dialog said its business relationship with Apple hasn't changed. But it's a good move for Apple, says GBH Insights' Daniel Ives. In April, Apple said it planned to replace graphics chip supplier Imagination Technologies. That sent the company's London-listed stock down 70 percent in a single session. Imagination was subsequently sold off in two separate deals. In the past dozen years, Apple has dropped several smaller chip suppliers, ultimately forcing them to merge with bigger rivals.

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