Wednesday, 25 October 2017

Apple buys wireless charging firm PowerbyProxi; Samsung profits on the transaction?

Apple, which has included support for wireless charging with the 2017 iPhone models for the first time ever, announced today that it is acquiring New Zealand based wireless charging firm PowerbyProxi. The latter designs wireless power products for consumers and the enterprise. Neither company would reveal the exact terms of the transaction. Apple has been slow to jump on the wireless charging bandwagon, but made sure this year that the iPhone 8, iPhone 8 Plus and iPhone X had glass backs. This is required because the wireless charging signal is not conducted by metal.

So why the interest ...

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