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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen11/14/2018 2:25:48 PM
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Dialog Semi says not seeing hit to demand from Apple

BARCELONA (Reuters) - Dialog Semiconductor said on Wednesday it was not seeing a hit to demand from its main customer, Apple Inc ., after some suppliers issued profit warnings due to weakness in iPhone sales.

The Anglo-German chip designer said its power management products were installed in many Apple products - and not just the latest iPhones that can be unlocked using facial recognition technology.

“We are not so specific to the 3-D phone or camera, we are across all the products,” CEO Jalal Bagherli told the Morgan Stanley TMT Conference in Barcelona.

“For us, because of the broader base with this customer, it’s less of an issue.”

Fresh warnings this week from screen maker Japan Display, British chipmaker IQE and Lumentum Holdings, the main supplier of the FaceID technology, have hit the stocks of companies in the Apple food chain.

Read More - Reuters
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