Is This Small-Cap Apple Supplier Stock a Buy After a 25% Drop?
Power management chipmaker Dialog Semiconductor (NASDAQOTH: DLGNF), which depended on Apple (NASDAQ: AAPL) for approximately three-quarters of its revenue in 2016, recently made some comments that understandably shook investors.
Although Dialog management said on its most recent earnings call (via Reuters) that it expects to continue supplying Apple with power management chips for the current product cycle as well as for "2019-type products," the company conceded that "Apple has the resources and capability to internally design a [power management integrated circuit] and could potentially do so in the next few years."
Image source: Apple.
Source: Fool.com
