Apple to acquire majority of Intel’s smartphone modem business in a deal valued at $1 billion

After reports, Apple and Intel have confirmed that Apple will acquire the majority of Intel’s smartphone modem business in a transaction valued at $1 billion. Approximately 2,200 Intel employees will join Apple, along with intellectual property, equipment and leases. Intel closed its 5G modem business in April this year after Apple and Qualcomm announced a settlement and prior to this, Intel became the sole third-party provider of modems of the iPhones launched in 2018. Continue reading “Apple to acquire majority of Intel’s smartphone modem business in a deal valued at $1 billion”

Apple intends to solely use Intel modems in 2018 iPhones: Qualcomm

Apple iPhone X

Qualcomm during the FY Q3 2018 earning call today confirmed that Apple intends to solely use our competitors’ (Intel) modems rather than its modems in the 2018 iPhone expected later this year. This was reported by Apple analyst Ming-Chi Kuo of KGI earlier this year. However, Qualcomm said that it will continue to provide modems for Apple legacy devices. Back in November last year the KGI analyst had said that the 2018 iPhone models will come with a faster Intel XMM 7560 modem.

Continue reading “Apple intends to solely use Intel modems in 2018 iPhones: Qualcomm”