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Apple ( AAPL ) suppliers Cirrus Logic ( CRUS ) and Analog Devices ( ADI ) are lapping up foundry capacity in the back half of 2016 in anticipation of the iPhone 7, expected to be released in September, according to a report. The duo recently requested that foundry and back-end service providers reserve a significant portion of production capacity in Q2 and Q3, industry insiders told Digitimes.com. In afternoon trading on the stock market today , Cirrus Logic stock was up nearly 4%, and Analog Devices stock was up a fraction. Cirrus Logic and Analog Devices are expected to have a big impact on the design of Apple’s iPhone 7, which is widely expected to be the name of the next phone in Apple’s smartphone line. Audio chipmaker Cirrus Logic began touting its noise-canceling headphones in January. “There are definitely people considering putting that (noise-canceling headphones) in the (mobile) box,” Cirrus Logic CEO Jason Rhode said during the company’s earnings conference call. But Rhode didn’t specifically mention the iPhone. Apple generally encourages suppliers to refrain from any such comments. Apple’s iPhone 7 is expected to be thinner, ditching the headphone jack in favor of a Lightning cord connection. The iPhone 7 will also likely include Force Touch — a feature introduced in the iPhone 6S, which was released last September. Analog Devices is the rumored provider for the Force Touch technology, but tear-downs don’t make the supplier apparent. And it appears that Taiwan Semiconductor Manufacturing ( TSM ) will manufacture the lion’s share, if not all, of Apple’s A10 processors, insiders told Digitimes. Taiwan Semiconductor and Samsung both sourced the A9 inside the iPhone 6S series. That was the first time that the two companies shared this job. Previously, the pair had battled for Apple’s processor-supply manufacturing contract, leapfrogging each other from year to year. In December, Wall Street began whispering that Samsung wouldn’t pursue the A10. Scalper1 News
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