Dialog CEO hints at work on new Apple product lines amid rumors of Apple-designed power chips

"It's a continuing and growing business relationship on a number of areas and beginning more visibility of non-power products as well, which we're very pleased with," Jalal Bagherli said on Wednesday, quoted by Business Insider. "And we hope to land the number of significant opportunities in those areas that we can report on in the future."

Dialog supplies power management chips to Apple, but the latter is rumored to be designing its own chips as a way of both optimizing performance and cutting costs. Apple is Dialog's biggest customer, and losing its business completely would deal a serious blow.

"I'm not aware of specific products being released or volume being planned or in preparation," Bagherli said. "But it is relatively early for 2019. It's possible and I just want you to be aware."

In March, Bankhaus Lampe analyst Karsten Iltgen claimed that Apple may even be accelerating chip development, forcing Dialog to switch gears sooner.

Some possibilities for Dialog could include a cheaper HomePod, and the company's rumored augmented reality headset. The headset isn't expected until at least 2020, but could be a major, standalone product requiring special engineering to compress AR into an attractive wearable format.

Most AR headsets are still relatively bulky, and tethered to a phone or some other separate processor. Even Apple's product may rely on external hardware, though it may not have to be carried.