Apple Reportedly Developing Its Own Power Management Chips For Its 2019 iPhone Lineup

Apple chip supplier Dialog Semiconductor’ saw its share drop to a 16-year low after an analyst said Apple is developing its own power management chips,Bloomberg reports.
Karsten Iltgen, an analyst at Bankhaus Lampe, warned about Apple’s move eventually leading to a cut back on the use of Dialog’s chips. Apple is the company’s largest customer, making up just over half of Dialog’s revenue.