HIGHLIGHTS
Intel’s modem chips could be in iPhones used on AT&T’s US community.
however, iPhones offered in China will use Qualcomm chips.
iPhones on Verizon may also persist with Qualcomm chips, says report.
Apple Inc’s subsequent iPhone will use modems chips from Intel Corp, replacing the ones made by way ofQualcomm Inc in a few variations of the brand new smartphone, Bloomberg said, mentioning humansfamiliar with the problem.
Intel’s modem chips might be in iPhones used on AT&T Inc’s US network and a few other versions of thephone for distant places markets, Bloomberg mentioned on Friday.
however, iPhones bought in China will use Qualcomm chips, and iPhones on Verizon Communications Inc’snetwork will even stick with Qualcomm, Bloomberg added.
Qualcomm’s shares fell 1.7 percent on Friday, even as Intel’s stock became up zero.three percentage. Apple shares have been down 0.five percent in morning trading.
On an profits call in April, Qualcomm chief executive Officer Steve Mollenkopf said he become assuming that a major purchaser might switch to multiple providers.
An Intel spokeswoman declined to comment on the story. Qualcomm and Apple had been not at once to be had for comment.
© Thomson Reuters 2016
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Tags: Apple, Chips, Intel, iPhones, Mobiles, Qualcomm, Verizon
