Apple Inc. held talks with Intel Corp. about acquiring parts of its smartphone-modem chip business, according to people familiar with the matter, a potential multibillion-dollar deal that would accelerate the iPhone maker’s efforts to develop wireless technology for its devices.
The talks started around last summer and continued for months before halting recently, around the time Apple reached a multiyear supply agreement for modems from Intel rival Qualcomm Inc., some of the people said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Intel puts modem business up for sale, held talks with Apple: WSJIntel Corp is exploring strategic options for its modem chip business, including...
Source: Reuters - 🏆 2. / 97 Read more »
Apple reportedly considered buying Intel's smartphone modem businessApple and Intel held discussions about the iPhone maker acquiring its smartphone modem chip business, according to a new report.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stocks making the biggest moves midday: Ford, Intel, Mattel & moreThese are the stocks posting the largest moves midday Friday.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Amazon, Intel, Ford, Qorvo, Mattel & moreSome of the names on the move ahead of the open. What happens when rental car companies no longer need cars in 2019 because they already bought so many at steep discounted prices? I have an answer - F stock will tank like a brick. smokeandmirrors realeconomy Whatever happened to Ken?
Source: CNBC - 🏆 12. / 72 Read more »