Apple in Advanced Talks to Buy Intel’s Smartphone-Modem Chip Business

Apple Inc. is in advanced talks to buy Intel Corp.’s smartphone-modem chip business, according to people familiar with the matter, a move that would jump-start the iPhone maker’s push to take control of developing the critical components powering its devices.

A deal, covering a portfolio of patents and staff valued at $1 billion or more, could be reached in the next week, the people said—assuming the talks don’t fall apart.

Great article...

Great... the biggest monopoly becomes MORE of a monopoly. Can we break up these bell companies? Steve Jobs is gone and all apple is repackaging the iPhone 4s greatness. Let other talented new companies with new minds innovate in this horrible market.

A waste of money....D U M B.....

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Source: CNBC - 🏆 12. / 72 Read more »