Scottish firm Wolfson Microelectronics has achieved a new record for orders - thanks to landing a crucial deal to supply components for the iPhone, reports claim.

The company is a long-standing Apple partner and has been manufacturing chips for iPods for some time. These audio processing chips are used across the consumer electronics industry, with the company also counting Sony and Microsoft among its clients.

The company supplies such chips for DVD players, game consoles, satellite navigation systems, flat-screen TVs and other consumer electronic devices.

Wolfson's announcement was twinned with news of better than expected second quarter revenues, and also said it expected another revenue boost in its thrid quarter. That revelation has led to some speculation that Apple may be preparing a new family of iPods for release at that time.

Revenues for the three months to 1 July climbed to $49.5 million, from $47.7 million.

Company CEO Dave Shrigley observed: "Wolfson has a broad customer base and benefited from a pick-up in most of the end markets in the second quarter. This is set to continue as the company expects to benefit from a seasonal ramp up in demand during the third quarter. With the order backlog at its highest level, Wolfson is set for the best revenue quarter in its history. As a result, the company remains confident of delivering current revenue expectations for the full year."