News that Apple is working on a power management IC sent Dialog’s shares diving 16% today. Dialog gets half its revenues from Apple which it supplies with power management ICs. When Apple announced it was ditching Imagination as its GPU supplier, Imagination’s shares fell 60% in a day. Apple’s PMIC development was disclosed by the private ...
Read full article: Dialog shares dive as Apple PMIC development is revealed
from Electronics Weekly https://www.electronicsweekly.com/news/business/dialog-shares-dive-apple-pmic-development-revealed-2017-04/
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