Apple is in talks to buy Intel's smartphone-modem business in a deal valued at $1 billion, according to the Wall Street Journal. The two companies had reported discussed a deal earlier this year, but the talks broke down when Apple signed a deal with Qualcomm. Intel announced in April that it was getting out of the smartphone business. CEO Bob Swan said,"There was no clear path to profitability." Click here for more BI Prime stories.
Apple is in talks to buy Intel's smartphone-modem business in a deal valued at $1 billion, according to the Wall Street Journal. The two companies had reported discussed a deal earlier this year, but the talks broke down when Apple signed a deal with Qualcomm. Intel announced in April that it was getting out of the smartphone business. CEO Bob Swan said,"There was no clear path to profitability." Click here for more BI Prime stories.
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Apple close to buying Intel's modem business: reportApple Inc. could be within a week of agreeing to a deal to buy Intel Corp.'s modem-chip business, according to a Monday afternoon report. The Wall Street... Cough* You mean china i mean $AAPL yea they needed fresh blood for next layer down... :X
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