InvenSense adds to losses thanks to iPhone teardowns, Maxim iPad report

|About: InvenSense (INVN)|By:, SA News Editor

A Chipworks iPhone 5S teardown found a Bosch accelerometer and an STMicroelectroncs (STM -0.3%) gyroscope inside Apple's latest flagship, but no InvenSense (INVN -5.7%) parts.

Meanwhile, Maxim, which on Friday joined Barclays in suggesting InvenSense failed to get a 5S design win, is now reporting InvenSense won't be designed into the 5th-gen iPad either. However, the firm is reiterating a Buy, arguing strong Samsung demand should bolster InvenSense's top line.

OmniVision (OVTI -1%) is also ticking lower (to a lesser extent), even as many Apple suppliers shoot higher in response to the company's weekend iPhone sales data. The first 5S teardowns have uncovered Sony image sensors, but Apple has a history of using a dual-supplier strategy for iPhone image sensor procurement.