Apple’s (NASDAQ: AAPL) latest iPhone with its A18 chip, which is set to be unveiled at an event on Monday, has been developed using SoftBank-owned Arm’s newest V9 chip design, the Financial Times newspaper reported on Saturday.
Apple is set to host its fall event on September 9 at its headquarters in Cupertino, California, where it will likely unveil a series of new iPhones and updates to other devices and apps.
Apple signed a deal with Arm in September last year that “extends beyond 2040” in a boost for Arm for chip technology.
In July, Arm had said that its V9 chip accounts for 50% of smartphone revenue.
Arm owns the intellectual property behind the computing architecture for most of the world’s smartphones, which it licenses to Apple and many others.
Apple (NASDAQ: AAPL) uses Arm’s technology in the process of designing its own custom chips for its iPhones, iPads, and Macs.
The two companies have a long history – Apple was one of the initial companies that partnered to found the firm in 1990, before the release of its “Newton” handheld computer in 1993, which used an Arm-based processor chip.
The Newton flopped, but Arm went on to become dominant in mobile phone chips because of its low power consumption, which helps batteries last longer.
(Source: Reuters)
Maria Reed is a financial journalist with a passion for covering US equities. She joined the ABBO News team in June 2023. Maria holds an M.S. degree in International Economics and Finance from Otto-von-Guericke University in Magdeburg and is a CFA Level 2 candidate.
