Tag Archives: Apple Chips

Apple Buying Intel’s Modem Business Brings Them More Control

In a move that has been rumored off and on for months, Apple bought Intel’s Modem business for a reported price of $1 billion. It’s a win-win for both parties, as Apple gets to move toward more control of their devices and Intel gets to offload what turned out to be a bad investment for them. This move barely puts a dent in Apple’s $225 billion dollar pile of cash, so it’s a good deal for all involved.

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