Apple Supplier TDK Takes A Leap With Groundbreaking Battery Tech Set To Transform Smartphones
Portfolio Pulse from Benzinga Neuro
TDK Corporation, a supplier for Apple Inc. (NASDAQ:AAPL), has developed a new line of smartphone batteries using silicon electrodes, which promise a 10% higher capacity than traditional graphite anode batteries, with the potential to increase capacity by over 40%. This technology could significantly impact the design of smartphones, wearables, and AI devices by allowing for thinner devices with longer battery life. TDK's CEO Noboru Saito expects these batteries to make up a double-digit percentage of their smartphone battery sales in the next few years. TDK's recent collaboration with Apple to produce battery cells in India for locally assembled iPhones could be further strengthened by this innovation.
January 05, 2024 | 4:05 am
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Apple Inc. could benefit from TDK's new battery technology by incorporating it into their smartphones, potentially leading to thinner designs and longer battery life, which may enhance Apple's competitive edge in the smartphone market.
The introduction of TDK's new battery technology is likely to have a positive impact on Apple's stock in the short term as it could lead to product improvements that are highly valued by consumers, such as longer battery life and slimmer designs. Given Apple's position as a market leader and its existing partnership with TDK, this technological advancement could enhance Apple's product offerings and potentially increase sales, which would be viewed favorably by investors.
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