Analyst Expects Intel to Gain New “Engagements” with Apple

Doubt Cast That Intel is Supplying Modems for “iPhone 5e”

Intel is already a long term supplier of processors for Apple’s Mac computers, but could soon also see its chips in the company’s iPhones, according to an optimistic analyst.

In reaction to Intel’s recent analyst day meeting, Alex Gauna of JMP Securities assigned a Market Outperform rating to the chip maker’s stock, reports Barron’s blogger Tiernan Ray. Gauna has apparently cited future Intel possibilities including “a breakthrough in mobile via Apple engagements”.

Production of the A9 chip that powers the iPhone 6S and iPhone 6S Plus has been split between Samsung and TSMC, though it has recently been rumored that Apple could drop Samsung as a manufacturing partner for the A10 processor expected to feature in the iPhone 7 next year.

However, it has also been suggested that TSMC could struggle to take on the full responsibility of mass-producing the A10 in the necessary numbers – which could indeed open up an opportunity for Intel. Gauna has briefly remarked in writing: “Connecting the dots of Intel foundry/mobile/and China memory investments, as well as other industry chatter, points towards increased Apple opportunity in 2H16/17.”

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Everything Apple, every day. This post was written by an AppleMagazine newsroom writer.