Qualcomm Hopes to Get In On the iPhone Action

Communication chip maker Qualcomm is hoping to get the chance to supply chips for Apple's iPhone, and apparently the both companies have discussed the possibility. Paul Jacobs, Qualcomm's CEO, confirmed the the two companies have talked at least casually about whether or not there's a fit, according to Bloomberg, but there isn't any indication that the discussions have been serious on any level.

"We continue to discuss it, but haven't made it yet. Hopefully, in the future, we will have the opportunity," Mr. Jacobs said.

Landing an iPhone chip deal with Apple would add a nice feather to Qualcomm's cap considering how popular the combination iPod and smartphone is.

Apple is always tight lipped about unannounced products, so it doesn't seem likely that any word about future iPhone specs will be leaking out of Cupertino any time soon. Mr. Jacobs didn't do much to make it sound like his company is doing anything more than hoping its chips eventually find their way into the iPhone, either.

"We talk to everybody in the industry," he said.