Home Technology News Today Intel Completes Sale of Smartphone Modem Business to Apple

Intel Completes Sale of Smartphone Modem Business to Apple

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Intel Corporation immediately introduced it has accomplished the sale of the vast majority of its smartphone modem enterprise to Apple. This transaction, valued at $1 billion, was introduced on July 25, 2019. As beforehand disclosed, this transaction allows Intel to concentrate on growing expertise for 5G networks whereas retaining the choice to develop modems for non-smartphone functions, reminiscent of PCs, web of issues gadgets and autonomous automobiles.



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