HomeAppleApple snaps up wireless charging specialist PowerbyProxi

Apple snaps up wireless charging specialist PowerbyProxi

iPhone X Wireless Charging Mat

Apple’s snapped up a New Zealand-based company called PowerbyProxi that specializes in wireless charging, sparking speculation as to what its future plans could be. No one knows how much the former paid for the latter, but it’s rumored to be in the high tens of millions.

PowerbyProxi was founded in 2007 by an entrepreneur named Fady Mishriki. It started out as a way to help consumers charge everyday devices like phones without having to mess around with wires. It now holds about 300 patents related to wireless charging and has expanded its focus to larger products like robots, medical equipment, and drones.

In a rare move, Apple confirmed that it has in fact acquired PowerbyProxi. The secretive company usually refuses to confirm or deny its buying activities to the world, but this time round the brand’s senior vice president of hardware engineering Dan Riccio stated that PowerbyProxi’s team will be a great addition as it works to create a wireless future.

Also Read: Apple to launch cheaper iPhones with iPhone X features in 2018

Apple began its journey towards a wireless future with the launch of the iPhone 8, iPhone X, and Apple Watch Series 3 since all 3 can be refueled on Qi-standard mats. It currently has 1 such device in the pipeline dubbed the AirPower.

It’s possible Apple wants to expand its line of wireless charging devices, hence the PowerbyProxi buyout. Some are speculating that the New Zealand firm’s focus on 100-watt power transfers could mean that the tech could make its way to the MacBook.