There were reports earlier about Apple moving away from the processor manufactured by Samsung for its low-cost version of iPhone. The same kind of news again pops up on the Web saying that Apple might use Qualcomm's Snapdragon system on a chip (SoC) in its rumored low-cost phone.

According to Apple Insider, if Apple shifts to Snapdragon processor, it will be a cost effective move which is very much needed to bring out a cheap and impressive device.

"Spotted by Japanese blog Macotakara, the China Times report cited an unnamed industry watcher as saying that Apple plans to use Taiwanese chipmaker TSMC's 28nm process to build the cheap iPhone's Snapdragon SoC. If true, the switch away from Samsung's foundries would be a first for the Cupertino company, which has pushed increasingly further into chip design with its latest A6 and A6X processors," the report says.

 As the 28nm process makes the processor more powerful and improves the connectivity, Apple will be very happy to adopt the chip in its upcoming phone.

The move will give double boost to Apple as the Cupertino-based tech giant will be save a lot of money by using the Qualcomm Snapdragon processors. At the second hand Apple can decrease its dependency on its biggest rival Samsung for the processors for its future devices.

Qualcomm recently announced  a new "global LTE" chipset that operates on 40 bands.

"Band fragmentation is the biggest obstacle to designing today's global LTE devices, with 40 cellular radio bands worldwide," Qualcomm explains in its press release. "The Qualcomm RF front end solution comprises a family of chips designed to mitigate this problem while improving RF performance and helping OEMs more easily develop multiband, multimode mobile devices supporting all seven cellular modes, including LTE-FDD, LTE-TDD, WCDMA, EV-DO, CDMA 1x, TD-SCDMA and GSM/EDGE."

So far nothing has been announced officially and we should take every bit of information with a pinch of salt.