A few days ago, the news broke and it’s finally official. Apple takes over the 5G modem department from Intel. The Cupertino company will pay $1,000 million for this operation, a figure that was initially thought to be higher but eventually was not so. The purchase still has to be approved by the various authorities. In this sense, we will have to wait a few more months.
For Apple, this operation is a step of enormous interest. After the axe was buried with Qualcomm in this regard, it prompted Intel to abandon the 5G modem market and decide to officially sell this division. While it is now Cupertino’s company that buys it. The second-largest purchase in its history, which could also give them some independence from Qualcomm in the near future.
Apple to acquire the majority of Intel’s smartphone modem business
But that won’t happen until at least 2025 because of the agreement they have with Qualcomm. And it gives the company time to develop its projects in this area so that it will be less dependent on the company in the future.
Such a strategic purchase by Apple, which will undoubtedly be a source of valuable interest. We hope to learn more about the business that has yet to be approved. So the process won’t be official for several months until everyone gives the go-ahead.