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Apple in 'advanced' discussions to buy Intel's modem division

  • Safi Bello
  • Jul 23, 2019
  • 1 min read

Engadget --------- After months of rumors, Intel is reportedly close to finding a buyer for its phone modem division... and it won't surprise you to hear who the candidate is. Wall Street Journal tipsters claim Apple is in "advanced talks" to buy the modem chip outfit, with the reportedly $1 billion-plus deal possibly ready within the next week. The companies had been discussing a sale since summer 2018, according to the sources, but had been on-and-off until sometime after Apple reached its truce with Qualcomm, leading Intel to halt its 5G work. To learn more click on the picture below to read the article.

Apple in 'advanced' discussions to buy Intel's modem division - Read More from Engadget

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