A contract with Apple to supply chips for iPhone 7 will bring the Intel in excess of $1.5 billion profit. With such a forecast made by analyst firm Cowen & Co.
According to sources, the U.S. chip maker will deliver a “substantial part” of LTE chips for iPhone 7. On its share will have more than 50% of the order. The remaining part will go to Qualcomm.
Cowen & Co indicates that the production of chips from Intel is already established and the company will receive $850 million in operating profit. According to analysts, the deal with Apple is a “psychological victory” for Intel and it may be some other suggestions.
In October 2015, it became known that Intel, wanting to get Apple’s order for production of LTE chips has formed a team of more than 1,000 of its employees. They are working on the preparation of the latest LTE modem Intel 7360 for iPhone 7. The chip will be produced based on advanced 14-nanometer technology and will receive support LTE Cat.10, which will provide high speed data loading and viewing web pages.
Mobile Intel chips will be used for the iPhone 7 sold the network operator AT&T and in some versions of the smartphone for overseas markets. Model for Verizon will continue to use chips from Qualcomm. In China will be sold smart phones with chips from Qualcomm.
And here is the exclusive manufacturer of Apple’s A10 processors for the iPhone 7 will be the Taiwanese TSMC. Its production will be carried out in compliance with 16-nanometer standards.
