Apple purchases Intel’s cell phone modem business for $1 billion

Apple purchases Intel’s cell phone modem business for $1 billion

For quite a while Apple has been hoping to reduce its dependence on Qualcomm for cell phone modems. For a few years it utilized Intel parts in its handsets nearby Qualcomm’s, yet after the settlement between Apple and Qualcomm a few months prior, Intel was forgotten about, being compelled to exit the beginning 5G modem business with no different clients arranged.

Presently Apple has gone ahead and acquired Intel’s cell phone modem business, as previously supposed. Apple will pay $1 billion for the transaction, expected to shut in the final quarter of this current year. Roughly 2,200 Intel representatives working on mobile modems will join Apple, alongside intellectual property, equipment, and leases.

After the deal closes, by incorporating the ones it’s getting from Intel, Apple will hold more than 17,000 wireless technology patents, ranging from protocols for cellular principles to modem architecture and operation. Intel will in any case have the option to create modems for PCs, IoT gadgets, and autonomous vehicles – everything except for cell phones.

Apple will accordingly bring a major modem advancement team in-house, which should enable it to concoct its very own contending solutions for Qualcomm’s, for use in iPhones a few years down the line. This will “allow Apple to further differentiate moving forward”, as per Johny Srouji, Apple’s senior VP of Hardware Technologies.

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