Intel to design chips for iPhone knockoffs

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It's ironic: we still don't know what exactly is powering the iPhone but we now know what will power its competitors. Intel has announced a low-voltage, high-performance mobile chip for use in the army of iPhone knockoffs that will soon storm the wireless world. "Virtually every computer and handset manufacturer is struggling to figure out how they're going to compete with Apple's iPhone," Intel CEO Paul Otellini said at Morgan Stanley's Technology Conference in San Francisco. "If we get the power and performance [of the Intel chip] right, it's going to be a killer combination." No specific details of the chip were announced but it's safe to say that more than a few device manufacturers will be interested. As some naysayers have pointed out, the Apple Newton was an expensive, revolutionary, handheld device that eventually lost out to its cheaper competitors--it could very well happen again.

For more on the chip:
- see this CNNMoney article