Intel chief executive Bob Swan says he’s willing to let go the company’s traditional dominance of the market for CPUs in order to meet the rising demand for newer, more specialized silicon chips for applications such as AI and autonomous cars. From a report: Intel’s Bob Swan blames being focused on 90% CPU market share as a reason for missing opportunities…
Tag: smartphone modem
Intel Says It Sold Its Modem Chip Business To Apple at ‘a Multi-Billion Dollar Loss’ Because Qualcomm Tactics Left It With No Other Choice
Intel sold its smartphone modem chip business to Apple at “a multi-billion dollar loss,” the U.S. chipmaker said in a court filing on Friday, alleging that rival Qualcomm forced it out of the market. From a report: Intel made the claims in a brief filed with the 9th U.S. Circuit Court of Appeals, where Qualcomm is seeking to overturn a sweeping…
Apple Buys Intel’s Smartphone Modem Business
Apple is officially acquiring Intel’s smartphone modem business for $1 billion, the two companies announced today. As rumored earlier this week, the move “would jump-start the iPhone maker’s push to take control of developing the critical components powering its devices.” The Verge reports: The acquisition means that Apple is now well on the way to producing its own 5G modems for…
Apple In Advanced Talks To Buy Intel’s Smartphone-Modem Chip Business
According to The Wall Street Journal, Apple is in advanced talks to buy Intel’s smartphone-modem chip business (Warning: source paywalled; alternative source), “a move that would jump-start the iPhone maker’s push to take control of developing the critical components powering its devices.” From the report: A deal, covering a portfolio of patents and staff valued at $1 billion or more, could…
Intel Launches Blockbuster Auction For Its Mobile Portfolio
In what looks set to become one of the highest profile patent sales in years, Intel has put its IP relating to cellular wireless connectivity on the auction block. The company is seeking to divest around 8,500 assets from its massive portfolio. From a report: The news comes as the chip giant searches for a buyer for its 5G smartphone modem…