Balda: The iPhone's German Accent

Little-known Balda is the likely pick to build the touch screen for Apple's newest gadget

Last year wasn't exactly auspicious for German mobile-phone components maker Balda. The company issued two profit warnings, shed 70% of its 2,400 German workers, and ended the year with a loss equal to 13% of sales. So why would a heavy hitter such as Apple Inc. (AAPL) hand Balda a contract to make the touch screens that are the most important design element of the much-anticipated iPhone?

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