Apple is reportedly launching a new high-speed connection technology for its Mac product lines and iPad 2 models.

The technology could be Intel's much-talked about Light Peak connector that Apple may rebrand under a different marketing name, according to a report from CNET.

It is unclear whether Apple will launch the new technology as part of its upcoming MacBook Pro update that is speculated to happen on Feb. 24 or will announce in another context.

Meanwhile, a report from MacRumors said that the Light Peak technology could possibly be a part of the upcoming iPad 2.

Light Peak is a proprietary optical cable interface designed by Intel to connect devices in a peripheral bus and has a high bandwidth of up to 10 gigabytes per second. It is said to replace the innumerable cables through which a computer connects to external devices such as monitors and printers.