Apple to buy majority of Intel's modem chip business for US$1 billion

By on
Apple to buy majority of Intel's modem chip business for US$1 billion

After chipmaker flagged 5G modem exit.

Apple Inc said on Thursday it would buy the majority of Intel Corp's smartphone modem business for US$1 billion ($1.44 billion), months after the chipmaker announced plans to exit the 5G modem chip business. Apple will hold over 17,000 wireless technology patents and take on about 2,200 Intel ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
apple hardware intel strategy

Sponsored Whitepapers

Power your firm's intelligent digital workplace with digital document processes
Power your firm's intelligent digital workplace with digital document processes
Give your employees a positive UX
Give your employees a positive UX
Customer Identity and Access Management for Dummies
Customer Identity and Access Management for Dummies
Modernise Government Agencies with Oracle's next-generation cloud services
Modernise Government Agencies with Oracle's next-generation cloud services
Empowering workforces in the new environment
Empowering workforces in the new environment

Events

Most Read Articles

Services Australia, Infosys renegotiate Centrelink payments engine build

Services Australia, Infosys renegotiate Centrelink payments engine build
NBN Co looks to enforce 'fair use' for fixed-line users

NBN Co looks to enforce 'fair use' for fixed-line users
AFP told to end over-reliance on network drives

AFP told to end over-reliance on network drives
NBN Co says 5G competition is challenging its monopoly status

NBN Co says 5G competition is challenging its monopoly status

Log In

Email:
Password:
  |  Forgot your password?