Exclusive: Qualcomm to Power Apple iPhone

By Scott Moritz 01/06/10 – 03:59 PM EST Apple (AAPL Quote) has picked Qualcomm as its chip provider for the new form of the iPhone made a beeline for Verizon ( VZ) this mid year, as indicated by Northeast Securities expert Ashok Kumar. Kumar affirmed the choice with the producers and providers required with the telephone.

iPhone 3GS

The win is the second prominent triumph for the San Diego tech shop this week. On Tuesday, Google ( GOOG) reported that its Nexus One – made by HTC – will be fueled by Qualcomm’s Snapdragon chip.

“It’s looking like Qualcomm is starting to be the one to beat,” says Kumar, alluding to the organization’s rising status in the cell phone race.

Apple agents were not promptly accessible for input. What’s more, a Qualcomm rep said “nothing has been revealed yet.”

The iPhone win, while enormous for Qualcomm, doesn’t include its Snapdragon stage, however a 3G remote innovation chip for EV-DO, says Kumar.

At first, Apple looked for a chip that would enable it to offer a world telephone, one that was good with the two driving remote innovations – GSM and CDMA.

In any case, Qualcomm and others neglected to convey. Rather, Apple chose to run with Qualcomm in its Verizon iPhone, which is required to arrive not long after AT&T’s exclusive contract with Apple terminates in June.

The failure in this arrangement is Germany’s Infineon ( IFNNY), the chip provider to the AT&T iPhone.

Qualcomm shares are up 3% so far this year, proceeding what was a 25% pick up for 2009.

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