Apple is set to unveil its latest iPhones on Monday powered by the A18 chip, which is built on the latest V9 chip design from SoftBank subsidiary Arm, the Financial Times reported, citing people familiar with the matter.
Apple is holding its annual event on September 9 at its headquarters in Cupertino, California, where it is expected to unveil a series of new iPhones and updates to other devices and apps.
Apple signed an agreement with Arm in September last year that extends “beyond 2040,” a major boost for Arm in the chip technology space.
ARM announced in July that its V9 chip accounts for 50% of smartphone revenue.
ARM owns the intellectual property rights to the computing architecture behind most of the world’s smartphones, which it licenses to Apple and other companies.
Apple uses ARM technology to design its own chips for iPhones, iPads and Macs.
The two companies have a long history of collaboration, with Apple being one of the first companies to co-found Arm in 1990, before releasing its Newton laptop in 1993, which used an Arm-based processor chip.
Despite the failure of the Newton, Arm later became dominant in the mobile chips field thanks to its low power consumption, which helps extend battery life.