Intel has reportedly won a space inside the next iPhone model, and that's coming at Qualcomm's expense. Intel's new 7360 LTE modem will replace Qualcomm's LTE chip in iPhones sold in Asia and Latin America.
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Sourcing at least LTE chips from Intel should have Qualcomm worried. If Intel manages to impress Apple with its designs, that could cut deep into Qualcomm's LTE chip sales to the company.