Apple now owns Intel’s mobile modem business

Intel completed its sale of the “majority” of the company’s smartphone modem business to Apple today. The deal — which was announced in July — is valued at $1 billion, though Intel claims it is still taking a “multi-billion dollar loss,” according to Reuters.

Continue Reading . . . https://www.engadget.com/2019/12/02/apple-owns-intel-modem-business/

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