Apple in advanced discussions to buy Intel’s modem division

Apple in advanced discussions to buy Intel’s modem division

Apple is reportedly in advanced talks to buy chipmaker Intel’s smartphone-modem chip business. Assuming talks don’t fall apart, the deal, valued at $1 billion or more, could be reached in the next week. Intel had announced it would exit the 5G modem chip business in April, hours after Apple settled a longstanding legal dispute with Qualcomm.

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