German chipmaker Dialog Semiconductor’s stock has tumbled in recent months on rumors that Apple is working on its own power management integrated circuits (PMIC), after which it might drop Dialog’s battery-saving chip.
However, the company’s CEO, Jalai Bagheri, told Business Insider (a subscription is required to ready the article) that his company has a great business relationship with Apple.
“It’s a continuing and growing business relationship on a number of areas and beginning more visibility of non-power products as well, which we’re very pleased with,” he said. ”And we hope to land the number of significant opportunities in those areas that we can report on in the future … “I’m not aware of specific products being released or volume being planned or in preparation. But it is relatively early for 2019. It’s possible and I just want you to be aware.”
Currently, Dialog supplies the power management chips for iPhones, iPads, and Apple Watches.
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