Apple to Buy Intel's Modem Business for $1 Billion
By Dylan McGrath, EETimes
July 26, 2019
SAN FRANCISCO — Apple will pay about $1 billion to acquire Intel’s smartphone modem business, signaling that, despite a settlement reached with longtime supplier Qualcomm in April, Apple still has designs on its own silicon for 5G.
Roughly 2,200 Intel employees will join Apple as a result of the deal, which is expected to close in the fourth quarter, the companies said. The combination of acquired patents and Apple’s own existing wireless technology patent portfolio will give Apple more than 17,000 wireless technology patents.
To read the full article, click here
Related Semiconductor IP
- Ultra-Low-Power LPDDR3/LPDDR2/DDR3L Combo Subsystem
- 1G BASE-T Ethernet Verification IP
- Network-on-Chip (NoC)
- Microsecond Channel (MSC/MSC-Plus) Controller
- 12-bit, 400 MSPS SAR ADC - TSMC 12nm FFC
Related News
- Is Apple planning to acquire Intel's mobile business?
- Intel Completes Sale of Smartphone Modem Business to Apple
- Intel to Exit 5G Smartphone Modem Business, Focus 5G Efforts on Network Infrastructure and Other Data-Centric Opportunities
- Apple Will Be Hard-Pressed to Build a Rock Star 5G Modem
Latest News
- Virtusa Acquires Bengaluru based SmartSoC Solutions, Establishing Full-Stack Service Offering from Chip to Cloud and Driving Expansion into the Semiconductor Industry
- Consumer Electronics and AI Product Launches Lift 3Q25 Top-10 Foundry Revenue by 8.1%, Says TrendForce
- Joachim Kunkel Joins Quadric Board of Directors
- RaiderChip NPU leads edge LLM benchmarks against GPUs and CPUs in academic research paper
- SEMIFIVE Secures AI Semiconductor Design Projects in Japan, Accelerating Global Expansion with New Local Subsidiary