Apple has announced that it plans to buy "the majority of Intel's smartphone modem business," according to recent rumors.
The deal will cost Apple around $ 1 billion, and should end in the fourth quarter of this year, subject to regulatory approval. For the award, Apple will acquire approximately 2200 Intel employees along with intellectual property, equipment, and leases.
The deal will greatly increase Apple's patent portfolio and take over 17,000 patents related to current and future wireless technology. [1
Intel CEO Bob Swan painted this as a win for his company. "This deal allows us to focus on developing technology for the 5G network while retaining critical intellectual property and modem technology created by our team. We have long respected Apple and we are confident that they will provide the right environment For this talented team and these important assets ahead, we look forward to putting our full efforts into 5G where it more closely matches the needs of our global customer base, including network operators, telecommunications equipment manufacturers and cloud service providers. ”
Apple's Senior VP For Hardware Technologies, Johny Srouji, is quoted as saying, "Apple is excited to have so many excellent engineers joining our growing mobile technology group and knowing that they will enjoy Apple's creative and dynamic environment. our significant acquisition of innovative IP will help accelerate the development of future products and allow Apple to further distinguish ahead. ” Although this is good news for Apple's plans to build their own mobile modems for iPhones and iPads, it does not mean that we will soon have to expect Apple-designed modems in them. Apple recently settled its long-standing swipe with Qualcomm, and as part of the settlement, agreed on a six-year chip license agreement, including a "multi-year chipset license agreement." It is possible that Apple may start giving some modems to some of their products, but the company is locked in buying Qualcomm modems for several years.