Apple may close a deal to buy Intel & # 39; s abandoned smartphone-modem company for $ 1 billion, with The Wall Street Journal reporting today that a deal can already be announced next week.
Intel announced in April it was leaving the 5G mobile modem activity earlier this year after Apple had reached a surprise arrangement with Qualcomm, Apple should return to using the Qualcomm modems in its phones. Intel CEO Bob Swan further clarified that Intel had left the fashion business immediately because of the Apple settlement – without Apple as a customer, the company concluded that it & # 39; just didn't see a path & # 39 ;.
According to a report from Bloomberg Apple reportedly decided that Intel could not deliver the iPhone with a 5G modem in a time frame that worked with its plans to release 5G-ready smartphones, forcing Apple to reconcile with Qualcomm after years of controversial legal disputes. Now a deal for Apple to acquire that part of Intel & # 39; s company, which covers a portfolio of patents and personnel worth $ 1 billion or more, could be reached the following week, sources say WSJ.
After the Apple / Qualcomm deal, Intel allegedly went looking for a buyer for his modern affairs. And Apple, it turns out, makes a lot of sense as a buyer. Before Apple and Qualcomm settled, Intel became the only external modem provider for the 2018 models of the iPhone. And Apple has long been the only major Intel customer for modems – almost every other major Android phone depends on Qualcomm or on internal solutions.
Although Apple has a new deal with Qualcomm, the reputed controlling technology company has reportedly been busy developing its own internal modems, similar to the existing internal CPU platform that has resulted in the iPhone and iPad's own A-series chipsets. Adding Intel & # 39; s portfolio and experience to the process – experience consisting of existing work on 5G chips for iPhones – would probably only speed up that process and Apple would be independent of a third party for its modems at some point in the future. operate.