Deals
Bosch Said to Win Some IPhone Orders in Blow to InvenSense
- InvenSense, being acquired by TDK, has seen sensor lead wane
- Suppliers compete to sell Apple key chips that detect motion
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Robert Bosch GmbH has won orders from Apple Inc. to supply the next iPhone with some of its motion sensors, according to a person familiar with the deal, a potential blow to InvenSense Inc., currently the main supplier of those smartphone components.
The change -- hinted at by InvenSense’s finance chief in August -- comes as the San Jose, California-based maker of motion-sensing chips seeks to complete its $1.3 billion sale to TDK Corp., a deal partly aimed at boosting the Japanese company’s business with Apple.