See video winner of iphone Israel chip designer Ceva rallies as iPhone win to boost profit
Shares in Israel's Ceva Inc hit a record high after firms specializing in dissecting and analyzing electronic devices revealed its chip technology is used in Apple Inc's iPhone 7 and 7 Plus phones.
Ceva licenses its designs to chipmakers such as Intel and Samsung, who embed its digital signal processors within their chip sets, reducing the time and cost it takes them to bring products to market.
These "teardowns", as they are known in the electronics industry, showed that for the first time Intel's thin modem, which uses Ceva's design, is in some versions of Apple's new smartphone. For the last several years Intel's competitor Qualcomm dominated the market for these chips.
"Since 2012 our numbers were down because of Qualcomm," Ceva Chief Financial Officer Yaniv Arieli told Reuters on Tuesday. "This year that's changing and our customers are successful in launching their own LTE chips," he added, referring to the chips used in 4G mobile communications
WRTTEN BY DHON KUIFANYA SIMU YAKO IWE NA UWEZO KUPITA IPHONEE X NA KUTUMIA MB ZA BURE BONYEZA APA CHINI During its two year run, the project will award approximately 100 major reporting grants and provide mentoring to support the best ideas for stories on development issues. Journalists who produce the best stories published or broadcasted in media that reach African audiences, will win a major international reporting trip. During its two year run, the project will award approximately 100 major reporting grants and provide mentoring to support the best ideas for stories on development issues. Journalists who produce the best stories published or broadcasted in media that reach African audiences, will win a major international reporting trip.
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