Apple’s entry-level iPhone 16e has a new chip that cost billions

Inside the new entry-level iPhone 16e is Apple’s first in-house cellular chip — a critical component for smartphones that enables cellular connections.
On Wednesday, Apple introduced its first in-house modem chip, called “C1,” which is designed to connect iPhones to wireless data networks, reducing its dependency on Qualcomm chips. This new chip is central to the $599 iPhone 16e, which was also unveiled that day. Apple executives told Reuters that these custom chips will