ZAGG Announces mophie Wireless Charging Base for iPhone 8, iPhone 8 Plus, and iPhone X
September 12 2017 - 4:20PM
A ZAGG Inc (NASDAQ:ZAGG) subsidiary, mophie, the #1 mobile battery
case brand in the US(1), today announced the mophie wireless
charging base; a universal wireless charging pad for iPhone 8,
iPhone 8 Plus and iPhone X.
The wireless charging base features the latest in wireless
technology to provide wireless charging directly to iPhone 8,
iPhone 8 Plus and iPhone X. It is designed to begin charging simply
by placing the iPhone 8, iPhone 8 Plus or iPhone X on the pad.
“The mophie wireless charging base for iPhone 8, iPhone 8 Plus
and iPhone X represents a significant achievement for our team
while strengthening our position in wireless charging,” commented
Randy Hales, President and Chief Executive Officer of ZAGG. “We
will update our full year outlook when we report third quarter
earnings in early November as this project wasn’t included in our
initial 2017 guidance. At that point we’ll have better visibility
into sell-through performance, attach rates and production
capacity. We expect the contribution from this product to be
minimal in the third quarter based on timing of initial shipments,
but positive in both the fourth quarter and full year 2018.”
Gross margins for this product are expected to be in-line with
the company’s full year expectation for the mophie business.
About ZAGG Inc ZAGG Inc (NASDAQ:ZAGG) is a
global leader in accessories and technologies that empower mobile
lifestyles. The Company has an award-winning product portfolio that
includes screen protection, power management solutions, mobile
keyboards, social tech, and personal audio sold under the
InvisibleShield®, mophie®, ZAGG®, and IFROGZ® brands. ZAGG Inc has
operations in the United States, Ireland, and China. For more
information, please visit the company’s websites
at www.zagg.com and www.mophie.com.
Contact:
Investor Relations:ICR, Inc.Brendon
Frey203-682-8216brendon.frey@icrinc.com
Media Relations:ICR, Inc.Joy
Murphy646-277-1242joy.murphy@icrinc.com
- The NPD Group, Inc., U.S. Retail Tracking Service, Cell Phone
Device Protection, Charging Case, Based on Dollars & Units,
July 2016- June 2017.
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