When in doubt, buy controlling interest to obtain the thing that you want. Apple on Thursday revealed plans to acquire the majority of Intel’s smartphone modem business. Through the deal, more than 2,000 Intel staff will join Apple, the roughly $1 billion purchase transferring a number of patents to Apple as well Following rumors that […]
Tag: Bob Swan
It looks like Intel will continue providing 4G modems for Apple’s iPhones for the foreseeable future. Intel, which recently announced that it would be exiting the 5G modem chipset business, said that it still plans to supply 4G modems through this year – likely including the 2019 iPhones. During Intel’s Q1 2019 earnings call, CEO […]
Intel this afternoon announced that the company would be exiting the 5G smartphone modem business, instead choosing to focus on opportunities for 4G and 5G modems in PCs, internet of things devices, and other data-centric devices. The announcement arrived only hours after Apple and Qualcomm reached a settlement and agreed to drop all current litigation […]