Intel Buys ST-Ericsson's GPS Business
ST-Ericsson today revealed that it has sold its mobile GPS business to Intel for an undisclosed sum. ST-Ericsson is a joint venture between STMicroelectronics and Ericsson. The two parent companies revealed earlier this year that they were preparing to wind the struggling venture down. ST-Ericsson's GPS-related assets and engineers will be added to Intel's existing GPS business. Intel, which recently named a new CEO, is making a concerted push to become a mainstream player in the mobile chip business. This acquisition can help it in that pursuit.
Jul 25, 2019
Apple has agreed to pay $1 billion for the majority of Intel’s smartphone modem business. The deal includes approximately 2,200 Intel employees, along with associated equipment and leases.
Apr 30, 2019
Garmin has five new Forerunner watches with GPS and heart rate monitoring designed for runners. All of the watches have always-on, sunlight-readable displays, all-day activity tracking, water resistance, and a five-button design that works well with gloves.
Apr 16, 2019
Intel has confirmed that it has cancelled its 5G modem project intended for phones such as a future iPhone, and will focus its modem business instead on products for devices other than phones, according to the Wall Street Journal. Apple currently uses both Intel and Qualcomm modems in its iPhones.
Apr 16, 2019
Qualcomm and Apple have reached an agreement to end all ongoing litigation over patents, including that extending to Apple's contact manufacturers. The companies have reached a six-year intellectual property agreement, with an option to extend for two years.
Oct 24, 2019
Verizon, AT&T, T-Mobile and Sprint have formed a new joint venture to accelerate the adoption of Rich Communications Services (RCS) and ensure it works seamlessly across US and global networks. The venture is called the Cross Carrier Messaging Initiative (CCMI) and "is working to develop and deploy the standards-based, interoperable messaging service starting with Android and expected in 2020."