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Apple May Buy Intel’s Modem Business for $1bn

Intel had been working on a chipset for the iPhone maker, with the chip expected to be part of iPhones by 2020

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Apple, Campus, China
A customer is entering the Apple store in Fairfax, Virginia. VOA

Apple which is looking to buy Intel’s modem division since last year is reportedly in “advanced stage” to strike a deal for $1 billion.

It was reported last month that the Cupertino-based iPhone maker is in talks to buy part of Intel’s modem business.

The latest report in Wall Street Journal details that an agreement “could be reached in the next week” if the talks don’t fall apart, reports TechCrunch.

Apple has been working on its own chips for quite some time. Acquiring Intel’s technology could help the iPhone maker accelerate its plans.

Intel on April 16 said it plans to cease working on modems for 5G, the next-generation of wireless technology expected to supercharge mobile connections.

INTEL, US
FILE- This Jan. 1, 2018, file photo shows an Intel logo on the box containing an HP desktop computer on sale at a Costco in Pittsburgh. VOA

Intel confirmed that the “surprise” settlement between Qualcomm and Apple – once pitted against each other over patent violation issues — pushed it to exit the mobile 5G race.

“In light of the announcement of Apple and Qualcomm, we assessed the prospects for us to make money while delivering this technology for smartphones and concluded at the time that we just did not see a path,” said Bob Swan, Intel CEO.

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Apple may have paid chip-maker Qualcomm somewhere between $5 billion-$6 billion for an agreement to dismiss all ongoing litigations, including those with Apple’s contract manufacturers.

Intel had been working on a chipset for the iPhone maker, with the chip expected to be part of iPhones by 2020. (IANS)

Next Story

Apple To Supply Upcoming “Tracking Tags” Later This Year

Additionally, A German news site iphone-ticker.de has claimed that Apple is planning to hold a media event on March 31 where the the company would unveil its low cost iPhone called either the iPhone SE 2 or the iPhone 9

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Apple
Ultra Wideband tag would be one of Apple's major new hardware products in the first half of 2020. Pixabay

Apple analyst Ming-Chi Kuo has claimed that Universal Scientific Industrial, Shanghai-based manufacturing company will begin supplying the system-in-package for company’s upcoming Ultra Wideband item tracking tags in the second to third quarter of 2020.

According to Kuo, the shipment of these tags would reach tens of millions of units by the end of the year, MacRumors reported on Tuesday.

“We believe that the ultra-wideband (UWB) tag will enhance the user experience of iOS’s ‘find’ and augmented reality applications by offering measurement functions in the short distance,” the report quoted Kuo.

Earlier, Kuo said the Ultra Wideband tag would be one of Apple’s major new hardware products in the first half of 2020.

Apple
Apple analyst Ming-Chi Kuo has claimed that Universal Scientific Industrial, Shanghai-based manufacturing company will begin supplying the system-in-package for company’s upcoming Ultra Wideband item tracking tags in the second to third quarter of 2020. Wikimedia Commons

Additionally, A German news site iphone-ticker.de has claimed that Apple is planning to hold a media event on March 31 where the the company would unveil its low cost iPhone called either the iPhone SE 2 or the iPhone 9.

The phone will reportedly go on sale on April 3 and would retail for $399, placing it firmly in the midrange price category.

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A recent report from the Japanese blog Mac Otakara has claimed that the Cupertino-based tech giant is reportedly planning to launch a 5.4-inch iPhone similar in size to the iPhone 8. (IANS)