Intel Corp.'s Aggressive XMM 7660 Move

On Nov. 17, chipmaker Intel (NASDAQ: INTC) formally announced the name of its next-next-generation cellular modem, which is likely to power the iPhones that Apple (NASDAQ: AAPL) launches in 2019. It's called the XMM 7660.

Intel didn't say too much about the modem other than that it'd support download speeds of up to 1.6 gigabits per second -- 60% faster than the XMM 7560 LTE modem that it'll start selling next year.

Image source: Intel.

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Source: Fool.com