Apple Acquiring Intel’s Smartphone Modem Business for $1 Billion<img style="float: left; margin-right: 10px" src="
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As rumored, Apple has acquired the majority of Intel’s smartphone modem business. The acquisition will see Apple paying Intel $1 billion and will see 2,200 Intel employees join Apple along with the transfer of IP, equipment, and leases.
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Apple Acquiring Intel’s Smartphone Modem Business for $1 Billion
