A customer views the new iPhone 7 smartphone inside an Apple Inc. store in Los Angeles, California, U.S., September 16, 2016. REUTERS/Lucy Nicholson
TEL AVIV: Shares in Israel's Ceva Inc hit a record high after firms specialising in dissecting and analysing electronic devices revealed its chip technology is used in Apple Inc's iPhone 7 and 7 Plus phones.
Ceva licenses its designs to chipmakers such as Intel and Samsung, who embed its digital signal processors within their chip sets, reducing the time and cost it takes them to bring products to market.
