Apple acquired the majority of Intel’s smartphone modem business back in July. Now the chipmaker has officially announced that it has completed the sale of the majority of its smartphone modem business to Apple.

This transaction, valued at $1 billion, was announced on July 25, 2019. As previously disclosed, this transaction enables Intel to focus on developing technology for 5G networks while retaining the option to develop modems for non-smartphone applications, such as PCs, internet of things devices and autonomous vehicles.

Intel press release

For Apple, ownership of Intel will allow the company to focus better on its connected device efforts, and source some of them to the now in-house division. It will also allow Apple to depend less on its suppliers (currently Qualcomm), as the company will become more efficient and independent.

According to reports, the first Intel-made 5G modem to be used in an iPhone will likely see the light of day in 2022.

Source: Intel

Anton is the Editor-in-Chief of Pocketnow. As publication leader, he aims to bring Pocketnow even closer to you. His vision is mainly focused on, and oriented towards, the audience. Anton’s ambition, adopted by the entire team, is to transform Pocketnow into a reference media outlet. Contact: [email protected]
You May Also Like
Microsoft garage group transcribe
Microsoft’s new Garage app can transcribe and translate in-person meetings in real-time
The Group Transcribe app can transcribe and translate languages spoken in over 80 regions, but it is meant for in-person meetings only.
iPhone 12 Pro Max
Pocketnow Daily: iPhone 13 Leaks Get Aggressive: More Than We Thought?! (video)
On today’s Pocketnow Daily, we talk about the latest iPhone 13 predictions by Ming-Chi Kuo, OnePlus 9 leaks, and more.
Redmi K40
POCO F3 launch seems around the corner
It could be launched in April.