In a press release produced now, Apple announced that it has procured most of Intel’s smartphone modem organization. The sale is worth about $1 billion.
As aspect of the arrangement, somewhere around 2,200 Intel personnel will become section of the Apple crew, which will also get many intellectual properties relating to the chip manufacturer’s smartphone modems, as effectively as tools and leases.
The news is a affirmation of the rumors circulated just yesterday and displays an appealing advancement within just the romance in between the two companies, while it rarely surprises us. At the time Intel declared its exit from the 5G smartphone modem business and that it would auction off lots of of its patents, it was virtually inescapable that a company like Apple would bite faster than Homer Simpson would on a donut.
Of study course, you should not count on the arrival of home made modems for at least a calendar year (or possibly two). In the meantime, Apple has a six-year agreement with Qualcomm, so will not get carried absent just nonetheless: the following Iphone will however have the components of the San Diego chip huge. In the long term, however, most Iphone hardware could be produced from proprietary technological innovation and know-how. Just after all, Apple now creates its very own processors, which are among the the most powerful on the sector, between other elements.
Are you happy with Apple’s new acquisition? Is this the right way to go?