Cirrus Logic would have benefited from expanded use of their technology if Apple had upgraded physical buttons to solid-state buttons.
said that the upcoming iPhone 15 Pro won't use Cirrus' haptic touch technology as heavily as initially expected.
Cirrus' technology and parts help power Apple's haptic touch systems, which have been used to replace physical buttons, like the Home button on some iPhones, with touch-sensitive buttons that mimic the way a button push feels.
"Investors had anticipated that the new solid-state button design would increase suppliers' revenues and profits; thus, this change is particularly unfavorable for Cirrus Logic andCirrus and Apple didn't immediately respond to requests for comment.
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