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…
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