Apple is paying $1 billion to Intel for the chipmaker's smartphone modem division in a deal driven by the upcoming transition to 5G wireless technology.
Apple Inc. is paying $1 billion to Intel Corp. for the chipmaker’s smartphone modem division in a deal driven by the upcoming transition to the next generation of wireless technology.
Once the sale is completed, Apple will gain about 2,200 Intel employees and 17,000 wireless technology patents. Barring any complications, the deal is expected to close in this year’s final three months.Apple’s purchase of Intel’s smartphone modem patents and other technology could bolster its attempt to build its own line of 5G chips and lessen its dependence on Qualcomm. The Cupertino, Calif.
Apple isn’t expected to release an iPhone that works on 5G networks until September 2020, putting it behind rivals such as Huawei and Samsung, which already make handsets that work with the faster wireless technology.“This is a clear doubling down on 5G, which remains at the centerpiece of the company’s smartphone future,” Wedbush Securities analyst Dan Ives said of Apple’s deal with Intel.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Apple pays $1 billion for Intel unit in push for chip independenceApple Inc took a major step toward supplying its own smartphone chips by purchas...
Leer más »
Apple is buying the majority of Intel's smartphone modem business in a $1 billion dealApple is acquiring the majority of Intel's smartphone modem business in a deal valued at $1 billion.
Leer más »
Even Intel doesn’t seem to know what’s going to happen with IntelIn the semiconductor industry, “mixed signal” usually refers to chips that combine digital and analog circuitry. When referring to Intel Corp. right now,...
Leer más »
Experts say that Intel had no choice but to sell its smartphone modem business to Apple for $1 billion, but it was still a lousy dealApple is getting Intel’s 5G smartphone business for a bargain price of $1 billion. But the sale removes a thorn in Intel’s side.
Leer más »
Intel stock soars 5% after announcing the $1 billion sale of its smartphone modem business to Apple and reporting numbers that crushed Wall Street estimatesIntel is flying high after announcing a big $1 billion deal with Apple that will see it finally get out of the smartphone component business.
Leer más »
Apple's reported deal with Intel plays into its broader strategy of developing as many components as possible in-houseApple is reportedly closing in on a $1 billion deal to buy Intel's smartphone-modem chip business, which could be completed as early as next week.
Leer más »