TriQuint: The Big iPhone 4S Winner
HILLSBORO, Ore. (TheStreet) -- Apple (AAPL) zealots are not the only ones thrilled to see the new iPhone 4S hitting stores on Friday - a select group of component suppliers are enjoying an iPhone boost.
In what has become something of tradition around Apple launches, 'teardowns' of the latest gear reveal which companies are providing the innards of each gadget. This time round, with the launch of the iPhone 4S, chipmaker TriQuint (TQNT) is the biggest winner.
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| TriQuint is the big iPhone 4S winner. |
The Hillsboro, Ore.-based company, which provided components for the original iPhone 4, did not feature in the Verizon (VZ) version of the product, but is back in the latest iPhone.
A teardown performed by the iFixit.com Web site, reveals two chips from power amplifier specialist TriQuint within the new iPhone 4S.
The news sent TriQuint's shares surging 26% on Thursday, although the stock slipped 29 cents, or 3.92%, to $7.10 in Friday trading. Qualcomm (QCOM) is another company basking in the warm Apple glow. The San Diego-based firm, whose technology appeared in the Verizon iPhone, has maintained its relationship with Apple. A Qualcomm RF transceiver appears within the iPhone 4S, according to iFixit.com, as well as an upgraded version of a wireless chip found in the earlier iPhone. Qualcomm shares were up $1.04, or 1.95%, to $54.35 on Friday. Skyworks Solutions (SWKS) also has a power amplifier in the iPhone 4S, according to iFixit.com, as does Avago Technologies (AVGO), while Toshiba provides the phone's Flash memory. --Written by James Rogers in New York. >To follow the writer on Twitter, go to http://twitter.com/jamesjrogers. >To submit a news tip, send an email to: tips@thestreet.comSelect the service that is right for you!
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