TAIPEI -- Apple is designing its own main power management chips for use in iPhones as early as in 2018, cutting dependence on Dialog Semiconductor, according to industry sources, as shares in the U.K. developer plunged as much as 19% in afternoon trade in Frankfurt.
Apple's long-term plans to cut dependence on suppliers to boost its semiconductor capabilities have been widely-flagged as it consolidates its production chain to better compete with its rivals. But these plans may have claimed a victim, with Dialog shares down 19.16% soon after these exclusive plans were revealed on Nikkei Asian Review. They were down 17.58% at 13:59GMT.
