iPhone-16

The Financial Times newspaper said on Saturday that Apple’s (AAPL.O) newest iPhone, the A18 processor, was developed with SoftBank (9984.T) and opens a new page for Arm with its newest V9 chip design. The A18 chip is scheduled to be introduced at an event on Monday.

At its fall event, which is scheduled for September 9 at its Cupertino, California headquarters, Apple is expected to reveal a number of new iPhone models along with updates for other gadgets and applications.

A partnership that “extends beyond 2040″ was inked by Apple and Arm in September of last year, which helped Arm’s semiconductor technology.

Arm had stated in July that 50% of smartphone sales come from its V9 processor.

Apple and numerous other companies license Arm’s intellectual property, which powers the processing architecture of the majority of smartphones worldwide.

Apple designs its own bespoke CPUs for its iPads, Macs, and iPhones using technology from Arm.

The two businesses have a long history together; in 1990, Apple was among the first to form the company in partnership, and in 1993, it released the “Newton” portable computer, the first to employ an Arm-based CPU chip.

Despite the Newton’s failure, Arm went on to dominate the mobile phone chip market thanks to its low power consumption, which extends battery life.