Apple Considering To Acquire Intel’s Modem Business, states Report

Apple is still thinking to acquire Intel’s failed Germany-based modem business, The Information has reported citing sources.

This happens when the chip-making giant considers selling its struggling modem business in bits and pieces.

Apple is emphasizing on one of the strongest pieces of the modem business. While Intel’s modem group is spreading across the world, its foundation is in Germany, where the chip maker Infineon, whose modem operations Intel bought in 2011 for $1.4 billion, The report stated on Tuesday.

Any deal between the two companies is about to send hundreds of Intel’s modem engineers to the iPhone maker.

Apple is reportedly looking to acquire Intel’s modem division since last year but could not strike a deal.

Apple has already poached Intel modem engineers. For the time being, Intel is also looking to completely exit the 5G smartphone modem business as soon as possible, according to tech website Tom’s Hardware.

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