Dialog Semiconductor plc (XETRA:DLG) confirms that it continues to supply Apple Inc., its largest customer, with customized power management integrated circuits (PMICs) across a range of platforms without material change to its ongoing business relationship. This is reflected in continuing design wins and new design engagements and opportunities.
Although Dialog expects to remain Apple’s main supplier of PMIC designs, Dialog recognizes Apple has the resources and capability to internally design a PMIC and could potentially do so in the next few years. Dialog does not have reason to believe its current expectations of 2018 Apple business would be impacted by such potential actions by Apple.
Dialog understands its continued role as Apple’s main PMIC supplier is contingent on Dialog meeting Apple’s technology, quality, price and volume expectations, as well as continuing to develop advanced technology to meet Apple’s requirements. Dialog intends to continue to closely support Apple in developing and supplying sophisticated next generation power management and mixed signal technology for use in Apple’s products.
About Dialog Semiconductor Dialog Semiconductor is a leading provider of integrated circuits (ICs) that power mobile devices and the Internet of Things. Dialog solutions are integral to some of today’s leading mobile devices and the enabling element for increasing performance and productivity on the go. From making smartphones more power efficient and shortening charging times, enabling home appliances to be controlled from anywhere, to connecting the next generation of wearable devices, Dialog’s decades of experience and world-class innovation help manufacturers get to what’s next. Dialog operates a fabless business model and is a socially responsible employer pursuing many programs to benefit the employees, community, other stakeholders and the environment we operate in.
Dialog Semiconductor plc is headquartered in London with a global sales, R&D and marketing organization. In 2016, it had approximately $1.198 billion in revenue and was one of the fastest growing European public semiconductor companies. It currently has approximately 2,000 employees worldwide. The company is listed on the Frankfurt (FWB: DLG) stock exchange (Regulated Market, Prime Standard, ISIN GB0059822006) and is a member of the German TecDax index. For more information, visit http://www.dialog-semiconductor.com