“According to the Korea Times, which cites an anonymous industry executive, Apple will indeed discontinue its tradition of using Samsung-designed processors with its next iPhone,” Kelly Hodgkins reports for The Boy Genius Report (BGR).

“In its place, the phone will run a modified version of Apple’s A4 processor which just so happens to be proficient in handling 720p playback,” Hodgkins reports.

“It’s not a complete loss for Samsung considering it’s expected the electronics giant will be entrusted with manufacturing the chip, but no doubt Apple’s decision to keep mobile processor design in-house will effect Samsung’s bottom line,” Hodgkins reports.

Full article here.

[Thanks to MacDailyNews Reader "Dow C." for the heads up.]