Intel Finishes Smartphone Modem Business Sale to Apple
$1 billion deal allows Intel to focus on developing technology for 5G networks while retaining the option to develop modems for non-smartphone applications.
Intel Corporation announces it has completed the sale of the majority of its smartphone modem business to Apple. This transaction, valued at $1 billion, was originally announced on July 25, 2019. As previously disclosed by the company, this transaction enables Intel to focus on developing technology for 5G networks while retaining the option to develop […]










