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Apple buys part of supplier Dialog's business in $600M deal

Apple buys part of supplier Dialog's business in $600M deal. Apple is buying a portion of Dialog Semiconductor's business in a $600 million deal, according to Reuters. Dialog's shares rose by 34 percent in Frankfurt early on Thursday as the deal settles questions about future relations between Apple and Dialog, whose stock tumbled earlier this year when it said Apple planned to use chips from another supplier. Apple bought Israel's PrimeSense, creator of the facial recognition application used to unlock newer iPhones, for about $350 million in 2013. Since the first iPhones a decade ago, Apple has used Dialog power-management chips to manage their battery life.

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