Apple will buy Intel’s mobile modem biz | Inside Apple - July, 23rd 2019 | Inside.com

Inside Apple (Jul 23rd, 2019)

Apple will buy Intel’s mobile modem biz

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1. Apple is in advanced talks to buy Intel’s entire smartphone modem chip business for $1 billion or more. We’ve had several reports over the past few months about Apple negotiating over various parts of the portfolio, including intellectual property and physical assets in Germany, but now it looks like they’re going for the whole thing. Apple’s modem deal with Qualcomm will cover it in the short term, but the long game is for Apple to build its own modems in-house. — WALL STREET JOURNAL (paywalled)


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