Apple iPhone Buys Modem Business From Intel modems Qualcomm For A Lump Sum. In the US media, there was information about a forthcoming agreement between Apple and Intel smartphone market. According to rumors, it is a question of selling the modem business last.
At stake is the sum of $ 1 billion smartphone market. For this money, not only all Intel specialists involved in the creation and development of modems for smartphones, but also a full portfolio of patents, will go to Apple . The deal is expected to close next week. At the same time, this agreement should be officially announced.
Intel , iPhone , Qualcomm , business , modems , smartphone market 5g
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According to analysts, this deal will help Apple to speed up the creation of its own modems for future iPhones . This will be especially important in the next couple of years, when 5G-networks will grow more rapidly in the world .
Apple Buys Modem Business From Intel For A Lump Sum
In turn, for Intel, this deal will be a good opportunity to sell a barely living business with it. After in April of this year, after years of litigation between Apple and Qualcomm, peace reigned, Intel turned into a dog’s fifth paw. Realizing that Qualcomm’s modems will now be on the iPhone, Intel immediately announced that they were willing to leave the business. The fact is that the manufacturer of the iPhone was the largest customer of this division of the corporation, and with his loss he simply had nothing to do. Therefore, the sale of the business of producing modems for smartphones was only a matter of time.
