iPhone 5 to use Modified Samsung Exynos Processor

http://www.digitimes.com/news/a20120705PD206.html

Additionally, Apple is also expected to release its next-generation iPhone built on Samsung's Exynos 4 quad-core processor in the second half, heating up competition in the segment, commented the sources.

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There is just no way going around Sammy it seems.

So the A6 chip won't be developed in-house in Palo Alto/Cupertino? (P.A Semi)

http://en.wikipedia.org/wiki/P.A._Semi