Apple could buy intel's 5g modem business

Intel announced that it was leaving the 5G modem business for smartphones after the agreement of Apple and Qualcomm. The firm is looking for a buyer for this division, and there seems to be one already. Although the most interesting thing is that the buyer would be the Cupertino firm. They are currently negotiating and according to various means, they are very close to reaching an agreement already.

Apple could buy Intel's 5G modem business

This agreement will also include Intel's list of patents valued at more than $ 1 billion. So it is an interesting business for the Cupertino company.

Official purchase soon

The purchase agreement could be official shortly. Some media point out that next week Apple could make it official that they take over this division of Intel. Although there are still some fringes to be determined in this negotiation, so we will have to wait a little longer until there is news in this regard. But it seems that the two firms intend to have an agreement.

It is not well known how much money is going to be paid. But if the patents alone are already worth $ 1 billion, the amount they will pay for everything will surely be much higher. No figures have been released in any media so far.

Intel hopes in this way to stop the bleeding of this division, which has not generated a profit and has been a major failure in these years. The fact that Apple is going to buy it is at least curious, but for the company it is an important release. We hope there will be an announcement about your deal soon.

The Wall Street Journal font