12.336.2019 - Intel Completes Sale of Smartphone Modem Business to Apple

p>SANTA CLARA, Calif., Dec. 2, 2019 – Intel Corporation today announced it has completed the sale of the majority of its smartphone modem business to Apple. This transaction, valued at $1 billion, was announced on July 25, 2019. As previously disclosed, this transaction enables Intel to focus on developing technology for 5G networks while retaining the …... - View Press Release - Visit Intel Corporation