For DAC, there is the main DAC chip which is used (Wolfson / Burr Brown model etc').
So my question is, mostly in terms of sound quality:
Is there a significate difference between several DACs with the same chip ?
For example on-board sound card or a smartphone or an external USB DAC with the same DAC chip ?
From seeing some non-high-end external DACs, I can see that there are no many components other than the DAC chip. So other components on the external DAC will have a significant effect ? Amplifier etc'?
For example, see the DAC below - it has almost no other parts I see except the DAC chip.
If there are significate parts here - can you please explain according to this image ?