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December 2, 2019 04:43 pm -05

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...

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

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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