Intel Reportedly Producing a ‘Significant Portion’ of iPhone 7 LTE Modem Chips

According to an analyst at CLSA Securities, Intel has secured orders for a “significant portion” of the cellular LTE modems for Apple’s next-generation iPhone 7.The report from CLSA analyst Srini Pajjuri claims that Intel would supply about 30 to 40 percent of the iPhone 7’s cellular modems, citing “Asian supply chain checks.” If true, the move would certainly impact Qualcomm, which currently manufactures cellular modems for all iPhone models. Pajjuri believes that Apple’s partnership with Intel for modems will have a 4 percent negative impact to its Qualcomm’s revenue, and 2 percent on earnings. Intel, on the other hand, will see a 1.5 to 2 percent increase in its revenue and earnings.Share Article:Facebook,   Twitter,   LinkedIn,   Google Plus,   Email,   Reddit,   Digg,   Delicious,   StumbleUponFollow iClarified:Facebook,   Twitter,   LinkedIn,   Google Plus,   Newsletter,   App Store,   YouTubeAdvertise Here

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