💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Apple, in rare reversal, pulls plug on wireless charging mat

Published 03/29/2019, 05:03 PM
© Reuters. FILE PHOTO: Apple's Schiller speaks during a launch event in Cupertino
AAPL
-
005930
-

By Stephen Nellis

(Reuters) - Apple Inc on Friday said it is canceling the AirPower wireless charging mat that the company announced in 2017 on the same day as its iPhone X, a rare public retreat for the gadget maker known for splashy product launches.

The mat was intended to wirelessly charge up to three Apple products at once, such as an iPhone, Apple Watch and AirPods wireless headphones.

While wireless charging has spread through the gadget industry, charging three devices at once with higher wattage "fast charging" has proved challenging. Furniture seller Ikea, for example, sells a $60 matt that can handle three phones but it only features slower 5-watt charging.

In a statement, Apple said that it had concluded that its AirPower mat "will not achieve our high standards."

"We apologize to those customers who were looking forward to this launch," Dan Riccio, Apple’s senior vice president of Hardware Engineering, said in the statement. "We continue to believe that the future is wireless and are committed to push the wireless experience forward."

The announcement was a rare move for Apple, known in the electronics industry for keeping tight wraps on product plans until it publicly launches them at splashy events in Silicon Valley. The early announcement of AirPower, along with a wirelessly charged version of its AirPods headphones, was a break in that tradition. Apple released the updated AirPods last week, heightening speculation that the accompanying charging mat would come soon.

Daring Fireball, a website that covers Apple news, previously reported that Apple engineers had issues with devices overheating on the AirPower pad. Apple declined to comment beyond its statement on the project.

Apple offered wireless charging in the iPhone in 2017, after many of its rivals such as Samsung Electronics (KS:005930) Co Ltd had offered the feature for several years. While rumors circulated that Apple might create its own unique wireless charging technology, the company instead chose to use a system that works with Qi, an open industry standard already in use by Samsung and others.

© Reuters. FILE PHOTO: Apple's Schiller speaks during a launch event in Cupertino

Apple shares (NASDAQ:AAPL) did not move on the news, and shares of NXP Semiconductors and STMicroelectronics, two major suppliers of chips used in Qi systems, appeared to be unaffected also.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.