Dialog Semi Falls on Apple IPhone Order Report: Frankfurt Mover
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Dialog Semiconductor Plc, which makes chips used in Apple Inc.’s iPhone, fell the most in almost six months after Nikkei newswire reported that the U.S. company scaled back production plans for the smartphone.
Apple reduced its original target to order 65 million iPhone 5 handsets this quarter by about half, Nikkei said, citing an unidentified senior executive at a component maker it didn’t name. Dialog fell as much as 6.2 percent to 14.50 euros, the biggest intraday drop since July 24, and was trading down