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Apple shores up chipmaker Dialog's future as pair strike $600m deal

Apple shores up chipmaker Dialog's future as pair strike $600m deal. Apple is paying $300m to buy some of Dialog's assets, including its Swindon office where there are more than 300 employees working on research and development, and sites in Italy and Germany. Apple will transfer a further $300m to Dialog as a pre-payment for products to be delivered over the next three years, and the pair have struck a "broad range of new contracts" for the development and supply of semiconductor chips. Earlier this year, Dialog admitted that Apple had the "resources and capability" to design its own power management chips and "could potentially do so in the next few years", compounding fears that the iPhone maker was weighing up whether to ditch Dialog.

First found on: www.telegraph.co.uk And then on: 1 other references