As developers get their hands on the publicly released iOS 4.3 update, reports have confirmed that the iPhone 5 will be getting the same A5 chip featured in the iPad 2.
The iPad 2 and iPhone 5, the latter being code named N94AP, share the same S5L8940 processor designation. There is no information on clock speed however.
Featuring the A5 processor would give the iPhone its first dual-core processor, bringing the device up to speed with some Android offerings. Dual-core also guarantees 1080p video output support.
The A5 chip also consumes the same power as the A4, which points to similar battery life on the iPhone 5 to that found on the iPhone 4.
The iPhone 5 is expected this summer 2011 at WWDC.