Apple to source chips from Intel for the next iPhone

Apple is going to source the modem for some versions of the iPhone 7 from Intel, Bloomberg reports. The AT&T variant in the US and some versions meant for other markets will get an Intel chip instead of the customary Qualcomm solution.

One key market that Qualcomm gets to keep is China - iPhones bound for there will still use a modem by the San Diego-based semiconductor maker.

The info has been revealed by industry insiders, who have chosen to remain unidentified. The companies involved haven't commented on the matter.

Intel's presence in the mobile chip market has been marginal so far, the company's mobile division consistently racking up losses. While the alleged deal with Apple may not necessarily put it in the red, it's undoubtedly a step in that direction.