Apple buys part of the chip supplier Dialog Semiconductor for a $ 600 million deal. Both companies have announced that the iPhone manufacturer will increase chip processing in Europe.
Ten years ago, since the first iPhone, Apple has been using Dialog power management chips to help its devices manage battery life. According to the agreement, Apple, a team of approximately 300 engineers working on chips for Apple devices, will buy a patent for Dialog offices in England, Italy, and Germany.
Dialog said that 2018 revenue will not be affected by this agreement and that the product shipment to Apple will continue. The new agreement between Apple and Dialog eliminates the rumors that Apple will use a chip from another supplier.
With this agreement, Apple buys about 16 percent of Dialog’s workforce. The company also reports that acquired employees will remain in Europe and that Dialog will report to senior vice president of hardware technologies, Johny Srouji, who oversees Apple’s chip designs.