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The Dialog Semiconductor chip developer is working better than expected. Operating profit in the second quarter (June 29) increased 31 percent to $ 26 million, Apple's supplier said Friday night. Sales rose 16% to $ 296 million. Although the gross margin of 48.0% is lower than the level of the previous year (48.4), it was well above the 46.3% of the first quarter.
In May, Dialog had promised only a slight increase in the margin compared to the previous quarter. The reason for this positive surprise was the reduction in production costs, which had been partially eaten by the poorer product mix. In May, Dialog had only suggested a slight increase in the margin compared to the previous quarter. The reason for this positive surprise was the reduction in production costs, which had been partially eaten by the poorer product mix.
The Dialog Semiconductor action jumped nearly 7% to 15.19 euros. The paper had recently suffered massively that Dialog has to fear for its position as an Apple supplier. The iPhone maker, with whom the company, according to analysts, generates nearly 80% of sales, plans to produce more chips in-house in the future. In addition, the Americans were apparently dissatisfied with the supplier. This year, they will receive much less Dialog Semiconductors than originally planned.
Source: Edelweiss / Fotolia
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