Apple plots buyout of Intel's smartphone-modem chip business

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Apple plots buyout of Intel's smartphone-modem chip business

Report claims talks are well advanced.

Apple is in advanced talks to buy chipmaker Intel's smartphone-modem chip business, the Wall Street Journal reported on Monday, citing people familiar with the matter. Assuming talks don't fall apart, the deal, valued at US$1 billion or more, could be reached in the next week, ...

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