Tag Archives: Supplier

iPhone Supplier InvenSense Said to Be Exploring Sale

InvenSense Inc, a US semiconductor company that makes motion sensors for Apple and Samsung, is exploring strategic alternatives, including a possible sale, people familiar with the matter said on Friday. InvenSense shares jumped as much as 13 percent on the news, and were trading up 61 cents at $7.48 by late afternoon, giving the company a market capitalisation of nearly ... Read More »

Apple Supplier Laird’s Stock Nosedives on ‘Brutal’ Price Competition

Laird Plc dropped the most on record in London trading after the supplier to Apple pared its outlook, citing “brutal” price competition from Asian parts providers and sluggish demand from the mobile industry. Laird tumbled as much as 50 percent and was down 49 percent at 149.8 pence, at 9:15 in London. “The acceleration of production for mobile devices has ... Read More »

Apple Supplier Broadcom to Slash 1,900 Jobs Globally

Chipmaker Broadcom Ltd, the company created following the merger of Avago and Broadcom, said it would cut about 1,900 jobs globally across its businesses. Shares of Broadcom, which also supplies to Apple Inc, were up 8 percent at $148.20 in extended trading on Thursday. The company said it expects to take charges of about $650 million related to the job ... Read More »

Apple Supplier Delta Electronics Plans to Quadruple Revenue From India

Taiwan-based Delta Electronics Inc expects to quadruple annual revenue from India over the next three years as it makes more power components in the country, in tune with Prime Minister Narendra Modi’s push to develop industry. Boosted by the rollout of India’s 4G broadband network, the company aims to generate about $700 million (roughly Rs. 4,795 crores) in revenue from ... Read More »

TSMC Will Be Sole Supplier of Processors for Next iPhone Models: Report

Taiwan Semiconductor Manufacturing Co Ltd will be the exclusive supplier of mobile processors for Apple Inc’s next iPhones, South Korea’s Electronic Times reported on Thursday citing unnamed industry sources. TSMC beat rival chipmaker Samsung Electronics Co Ltd to make the processors using 10-nanometre manufacturing technology, the report said. Samsung and TSMC both supply the processors for the iPhone 6s and ... Read More »