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Analyst: Qualcomm to power 3G in Apple’s Verizon iPhone; to launch in U.S. this summer

“Apparently it’s bakeoff season in tech, and the latest blue ribbon goes to Qualcomm,” Scott Moritz reports for TheStreet.com.

“Apple has chosen Qualcomm as its chip supplier [3G wireless technology chip for EV-DO] for the new version of the iPhone headed to Verizon this summer, according to Northeast Securities analyst Ashok Kumar,” Moritz reports. “Kumar confirmed the decision with the manufacturers and suppliers involved with the phone.”

Moritz reports, “The loser in this deal is Germany’s Infineon, the chip supplier to the AT&T iPhone.”

Full article here.

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