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Apple in Billion-Dollar Bid to Gobble Intel's 5G Modem Blueprints and Staff

posted by janrinok on Wednesday July 24 2019, @03:51PM   Printer-friendly
from the mergers-and-aquisitions dept.

upstart writes:

Submitted via IRC for Bytram

Checkmate, Qualcomm: Apple in billion-dollar bid to gobble Intel's 5G modem blueprints, staff – new claim

Apple and Intel are apparently in "advanced talks" over buying up the remains of Chipzilla's defunct 5G modem business.

Sources close to the deal told the Wall Street Journal on Monday that Cook & Co were offering the x86 processor goliath a billion dollars for the intellectual property and staff behind its cellular modem business. The unit has been on hiatus since its primary customer Apple reached a smartphone modem supply deal with Qualcomm in April.

Intel has plowed mega-millions into designing mobile modems ever since it wolfed down Infineon in 2010 for $1.4bn. The chip factory eventually won a contract to supply 4G/LTE modems for some Apple smartphones. At the time, Apple was fed up with its primary modem supplier Qualcomm, which it later sued, along with its manufacturing partners, for $30bn.

After plenty of money went up in smoke on lawyers' fees, Apple and Qualcomm agreed to settle their differences, with the Cupertino idiot-tax operation signing another modem supply contract with Qualy. The same day that deal was announced, Intel, having lost its only serious cellular modem customer, announced it was winding up its 5G unit.

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  • (Score: -1, Offtopic) by Anonymous Coward on Wednesday July 24 2019, @04:07PM (2 children)

    by Anonymous Coward on Wednesday July 24 2019, @04:07PM (#870731)

    "idiot tax", lol :) it's "mentally challenged"!
    no need for a computer degree to be able to be immune to "viruses, trojans and general malware."
    srsly, linux is too much computer for many people, windows is to expensive, wasting money and time over a spread out period, apple is perfect for "computer service" users; you just have to cough-up the whole amount before hand.
    apple isn't cheaper then windows but apple saves you a lot of (maintenance) time ... and you are allowed to be "mentality challenged" ^_^'

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  • (Score: 2) by Rupert Pupnick on Wednesday July 24 2019, @04:31PM (1 child)

    by Rupert Pupnick (7277) on Wednesday July 24 2019, @04:31PM (#870739) Journal

    Hard to take seriously tech journalism that uses phrases like “Cupertino idiot-tax”, whether you agree with the sentiment or not.

    Quaint use of the word “blueprint”, too.

    • (Score: 2, Interesting) by nitehawk214 on Wednesday July 24 2019, @04:57PM

      by nitehawk214 (1304) on Wednesday July 24 2019, @04:57PM (#870750)

      It's El Reg, they have not been subtle for 20+ years.

      They are usually accurate too.

      --
      "Don't you ever miss the days when you used to be nostalgic?" -Loiosh