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
- DSP-Based 112G SerDes
- XTAL oscillator in TSMC-7nm
- GPU
- V-by-One Verification IP
- AI model compression IP
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
- Arteris Deployed by Speedata for Data Center Compute
- Siemens to acquire Defacto Technologies to complement its EDA portfolio with automated SoC design creation
- Mach42 Completes £7M Funding Round, Led by IP Group With Investment From BGF and Foresight Group
- ELECTRA IC Unveils Comprehensive IP Core Suite for Next-Generation Post-Quantum Cryptography
- CAST Enhances Serial Memory Controller IP with Encryption, Low-Power, and ASIL-Ready Options