Anglo-German chip designer Dialog Semiconductor on Wednesday raised its second-q...
FILE PHOTO: Dialog semiconductor logo is pictured at a company building in Germering near Munich, Germany August 15, 2016. REUTERS/Michaela Rehle/File Photo
The operating profit includes $28 million in one-offs, including $16 million on the transfer of assets to Apple and $12 million from non-recurring engineering contracts. In May, the chip designer had forecast a recovery in demand after sales of its rapid-charge products were affected in the first quarter by weak demand in China.
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