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Title: 3 reasons why Apple spent a billion bucks on Intel's smartphone modem business Post by: HCK on July 28, 2019, 04:05:14 pm 3 reasons why Apple spent a billion bucks on Intel's smartphone modem business
<article> <section class="page"> <p><strong>Update 7/25:</strong> This article has been updated with news of the sale.</p><p>The race to 5G just added a new lane. Following a report in <a href="https://www.wsj.com/articles/apple-in-advanced-talks-to-buy-intels-smartphone-modem-chip-business-11563830356" rel="nofollow">the Wall Street Journal[/url] earlier this week, Apple has announced (https://www.macworld.com/article/3411877/apple-confirms-that-it-will-acquire-most-of-intels-smartphone-modem-business.html) that it will be acquiring the majority of Intel's smartphone modem chip business, which went belly-up earlier this year. The transaction is valued at $1 billion and is expected to close in the fourth quarter of this year, Apple said in <a href="https://www.apple.com/newsroom/2019/07/apple-to-acquire-the-majority-of-intels-smartphone-modem-business/" rel="nofollow">a press release[/url].</p><p class="jumpTag"><a href="/article/3410604/apple-intel-mobile-modem-chip-business-purchase.html#jump">To read this article in full, please click here[/url]</p></section></article> Source: 3 reasons why Apple spent a billion bucks on Intel's smartphone modem business (https://www.macworld.com/article/3410604/apple-intel-mobile-modem-chip-business-purchase.html#tk.rss_all) |