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
- ISO/IEC 7816 Verification IP
- 50MHz to 800MHz Integer-N RC Phase-Locked Loop on SMIC 55nm LL
- Simulation VIP for AMBA CHI-C2C
- Process/Voltage/Temperature Sensor with Self-calibration (Supply voltage 1.2V) - TSMC 3nm N3P
- USB 20Gbps Device Controller
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
- Quintauris and Andes Technology Partner to Scale RISC-V Ecosystem
- Europe Achieves a Key Milestone with the Europe’s First Out-of-Order RISC-V Processor chip, with the eProcessor Project
- Intel Unveils Panther Lake Architecture: First AI PC Platform Built on 18A
- TSMC September 2025 Revenue Report
- Andes Technology Hosts First-Ever RISC-V CON in Munich, Powering Next-Gen AI and Automotive Solutions