Ad
Ad
Ad
Ad
Ad
Ad
Business |

Intel completes sale of smartphone modem business to Apple

Intel Corporation has completed the sale of the majority of its smartphone modem business to Apple.

This transaction, valued at USD 1 billion, was originally announced in July, 2019. The sale will enable Intel to focus on developing technology for 5G networks while retaining the option to develop modems for non-smartphone applications, such as PCs, IoT-devices and autonomous vehicles.

Ad
Ad
Load more news
© 2025 Evertiq AB June 26 2025 9:31 am V24.1.26-2
Ad
Ad