Adoption of Wireless Charging 'Simply a Matter of Time,' Chipmaker Says

Chipmaker Integrated Device Technology thinks it’s just “a matter of time” before “major players” move into wireless charging “in more of the traditional smartphone areas,” CEO Gregory Waters said on a Monday earnings call. Though any mass-market “pickup” in wireless smartphone charging “could take a year or even more to really turn into a meaningful revenue number,” even the mass-market segment is showing signs that it’s “going well ahead of our expectations,” Waters said. For example, “we have built thousands of mass market kits for wireless charging and keep selling out of them,” he said. “So I think the adoption of wireless charging is simply a matter of timing right now.”