* Sees gains in Q2, H2 revenues

* China weakness fades towards end of Q1

* Margin lift from deal to transfer people and patents to Apple

* Remaining business with Apple up 92 pct year on year (Adds context on inventories, Apple deal, revenue guidance)

FRANKFURT, May 9 (Reuters) – Anglo-German chip designer Dialog Semiconductor on Thursday forecast a recovery in demand after sales of its rapid-charge products were affected in the first quarter by weak demand in China.

CEO Jalal Bagherli said he expected a sequential rise in revenue in the second quarter, and that the second half would be stronger than the first, as weakness in China faded towards the end of the first quarter.

Dialog completed a $600 million deal in