Apple inks $600 mn pact with Dialog Semiconductor
In line with its efforts to build faster chips, Apple has committed $600 million to buy a part of Dialog Semiconductor and also purchase products from the remaining part of the chipmaker which is headquartered near London.
Apple will pay $300 million in cash for the transaction and prepay $300 million products to be delivered over the next three years, Dialog Semiconductor said in a statement on Thursday. Image source: Reuters