Apple purchases PowerbyProxi to expand its product portfolio
Date: 2017-10-25   Author: Dhananjay Punekar  Category: #market

Apple purchases PowerbyProxi to expand its product portfolio

Reputed tech giant, Apple Incorporation has announced the acquisition of PowerbyProxi, a New Zealand based firm providing wireless power transfer & charging services for its end users, with a view of introducing wireless charging feature in its current versions of iPhone models - iPhone X and iPhone 8. Till date, the firm has reportedly not provided its users with the wireless charging facility in its mobile devices, thus lagging behind its key business rival Samsung Electronics. It is prudent to note that many other competitors operating across the mobile manufacturing sector have equipped their mobile devices with effective wireless charging features, which may have prompted Apple’s takeover of PowerbyProxi.

A few months back, Apple had apparently joined the Wireless Power Consortium, which had developed Qi, an open interface standard that defines wireless charging over the distance measured up to nearly 4 cm. According to reliable sources, both of Apple’s flagship smartphone devices – the iPhone 8 and iPhone X, support the Qi (standard). Experts state that the deal is thus slated to help the former acquire some of PowerbyProxi’s products, which support the wireless charging of medical & industrial equipment through the transfer of nearly 150 watts via any non-metallic substance. Reportedly, this would generate a new platform for Apple to provide larger pads that can swiftly charge multiple equipment of the customers such as electric scooters and laptops.

Recently, Apple had declared that it will be launching AirPower, a wireless charging accessory in 2018. The main feature of this new tool, according to sources, includes the concurrent charging of three new smartphone devices, namely Apple Watch Series 3, Airpod Wireless charging case, and iPhone, possessing wireless charging functionalities. With the escalating popularity of wireless charging, which allows users to recharge their mobile instruments by placing on a pad or other surface, experts claim that Apple recent move will help the tech behemoth substantially expand its business in the wireless charging arena.



About Author


Dhananjay Punekar

Dhananjay Punekar

Dhananjay currently works as a content writer at AlgosOnline. A post graduate in mathematics as well as business administration, he worked as a process executive in Infosys BPO Limited before switching his professional genre. Following his childhood passion, he opted fo...

Read More

More from Dhananjay


Post Recommendents

Agnetix closes oversubscribed Series Seed Preferred funding round
Author: Pankaj Singh

Agnetix, a leading provider of advanced technology and sustainable lighting system in horticulture for commercial indoor growers, has announced the closing of its Series Seed Preferre...


Ontrack unveils new data recovery solutions and PPA member discounts
Author: Saipriya Iyer

Ontrack, LLC, a renowned data recovery service provider, has reportedly announced Gold Corporate Member status with PPA (Professional Photographers of America). The members of PPA could now receive special member disco...


Cogitativo secures $18.5Mn from its Series B financing round
Author: Pankaj Singh

Cogitativo Inc., a U.S.-based data-science-as-a-service (DSaaS) company focusing on healthcare organizations, has recently raised $18.5 million from a Series B funding round led by Wells Fargo & Company’s who...