I bet that's an a11 derivative for the entry-level LCD phone
I agree that it looks VERY MUCH like an A11 derivative... because it is one!
Here's my guess: the real A12 has been slipped by a year, and the A11 was reworked to fix all the speculation-based attacks that we learned about this year (Spectre, Meltdown, TLBleed, etc). In principle this would be things like attaching appropriate IDs (PID or privilege level) to various data structures throughput the core, and then testing those IDs at appropriate points during speculation --- lots of finnicky careful work!
The result would be a CPU that's basically identical to the A11 except
(a) safer, in the sense that it's no longer vulnerable to these attacks
(b) can be run slightly faster due to being on 7nm (and they'd use 7nm to increase the size of whatever structures --- cache? TLB? branch predictors? --- they could grow without hurting cycle time).
If I'm correct, I don't think this will remain speculation, I think THE focus of the September announcement will be this security update (just like A10 was Fusion and A11 was Bionic --- ie neural unit); Apple will make a big deal about all these security problems in every CPU, and how there's is the first designed from the ground up to protect against these problems.
Well, only 2.5 months till the next iPhone event --- we'll see
