Apple set to kill off another chip firm: Dialog shares slump 20% amid claims iPhone maker will replace its power chips by making its own
Apple is designing its own power-management chips for use in iPhones as early as 2018, the Nikkei business daily reported on Thursday, triggering a more than 20 percent slide in shares of supplier Dialog Semiconductor.
If confirmed, the move would reduce Apple's dependence on the Anglo-German chipmaker, which itself is heavily reliant on the smartphone industry and has been trying to diversify its customer base.
By 1526 GMT Dialog shares were still down a shade more than 19 percent at 30 euros.
DEATH BY APPLE In the past dozen years U.S. tech giant Apple has dropped several smaller chip... read more
- 14:19 Casualty in hospital after Wigan incident
- 14:17 Sir Keith returns
- 14:17 Chinese backing reaping the rewards as new centre opens
- 14:17 Stormy Daniels: 'little girl from Baton Rouge' posing big problem...
- 14:17 Spain rejects extraditing HSBC whistleblower to Switzerland
- 14:17 Improvements at Scalby footpath to start soon
- 14:17 Westminster inquest: firearms officer 'unknowingly disobeyed'...
- 14:17 Businessman's shock at top Lancashire accolade
- 14:16 New head of tax joins Armstrong Watson
- 14:16 I want to make sure Dawson didn’t die for nothing
- 14:15 Search to find missing Nuneaton schoolboy
- 14:15 Businessman's shock at top Lancashire accolade
- 14:13 Get voting and let's bring home the gold to Northumberland
- 14:13 Man injured as assailant smashes windows of his car with metal bar...
- 14:11 The little red box that's a big help to female students
- 14:11 Your chance to learn how to win more contracts for your business
- 14:11 Chesterfield man charged with taking a 80-year-old man's bag in a...
- 14:10 Rejection on the cards for new homes in seaside village
- 14:10 Housing on former school site before councillors for decision
- 14:10 Get voting and let's bring home the gold to Northumberland
- 14:10 Businessman's shock at top Lancashire accolade
- 14:08 Facing Zlatan, playing for Liverpool, breaking through at Tottenham...
- 14:07 Scarborough's Construction Village receives £900,000 to fund...
- 14:06 Woman faces jail for supplying drug to friend who died on night out...
- 14:05 Melton care home’s state-of-the-art music room to help dementia...
- 14:04 John Mitchell finally begins new role as England rugby defence...
- 14:03 Businessman's shock at top Lancashire accolade
- 14:03 Carlisle man caught parading around Harraby naked
- 14:03 ‘Tied to trees and raped’: UN report details Rohingya horrors
- 14:03 Apple iPhone iOS 12 review: Finally, a release ‘that just works’