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Apple reaches the market value of $ 1T
Barron's editor Jack Hough and Wall Street Journal editor Dan Henninger on Apple.
Apple has decided to implement a small portion of its huge cash reserves.
He brings a part of a supplier into the fold.
Apple is buying back some of Dialog Semiconductor's business under a $ 600 million deal, according to Reuters.
This transaction expands the chip business of the iPhone manufacturer in Europe and reinforces the role of the German listed company as a supplier of the US technology group.
Dialog shares rose 34 percent in Frankfurt on Thursday morning, as the deal settled questions about the future relationship between Apple and Dialog, whose stock had dropped earlier this year, announcing that Apple was considering to use chips from another provider.
More on Apple
The acquisition is unusual for Apple, which rarely executes such transactions and is larger than previous transactions.
Apple bought PrimeSense in Israel, creator of the facial recognition application used to unlock new iPhones, for about $ 350 million in 2013.
Since the first iPhone, about ten years ago, Apple uses the Dialog power management chips to manage the life of its battery.
Under this agreement, Apple purchases patents and has a team of approximately 300 engineers and Dialog offices in Britain, Italy and Germany.
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