Apple in Deal With Dialog, the Company Making Energous Wireless Chargers
Dialog Semiconductor is licensing its power management integrated circuits to Apple, with a $300 million prepayment for product purchases over three years and as much also in cash. Apple will employ more than 300 Dialog engineers for R&D and award…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
the semiconductor company a “broad range” of new contracts. The transition is expected to foster "deeper collaboration," Dialog said Thursday. The chipmaker plans to accelerate its transition to provide “differentiated custom and configurable mixed-signal ICs across a broader customer base” in IoT, mobile, automotive and computing & storage markets. Dialog is the manufacturer for wireless charging company Energous. Its CEO Steve Rizzone told us Thursday he expects that arrangement to continue and the new pact is a “win-win” for both companies. Dialog closed up 32 percent at $24.60 on U.S. over-the-counter markets, where it's usually thinly traded.