Just when Intel has been gearing up with its promotions and marketing strategy, it has landed a huge deal. Apple has recently announced that it will be using Intel chips for the upcoming iPhone 7, replacing the former Qualcomm chips.

According to a report published on Bloomberg, an Intel modem will be integrated in iPhones for the AT&T Wireless network in the U.S. and in some international versions.

For Verizon versions, Apple will stick with Qualcomm as the supplier for the component, along with models that will be sold in China, reported Tech Times.

Notably, this will be a great win for Intel after its decision to cancel its Atom chips for phones. However, Intel has kept its modem business alive and hopes to capitalize on the upcoming 5G networks.

If the report is believed to be true, then this is not the first time a flagship product will have different components in models across different regions.

For example, Samsung's Galaxy S7 is powered by Qualcomm Snapdragon 820 Processor in the United States, but for its models in Asia and Europe the devices use Samsung's proprietary Exynos chipset.

In addition, the diversity of suppliers would help Apple reach a better position in terms of taking care of the demand and supply gap. This way, Apple will not be powerless in case a supplier decides to increase the price or falls short in delivering the components.

With Apple finally working with both Intel and Qualcomm chips, it seems that they will be able to now shift to the 5G technology as both the companies can supply the necessary components.

The iPhone 7 will be the first major flagship smartphone that will be featuring an Intel wireless chip, and it could not have come at a better time to rejuvenate Intel's business.