Intel

Apple to Acquire Majority of Intel’s Smartphone Modem Unit for $1 Billion USD

Looks like the reports were true--Apple has just announced it plans to acquire the majority of Intel's smartphone modem business, valued at $1 billion USD, which includes 2,200 Intel employees: Apple and Intel have signed an agreement for Apple to acquire the majority of Intel’s smartphone modem business. Approximately 2,200 Intel employees will join Apple,...