Apple Snaps up Intel's Phone Modem Division
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. The deal also includes numerous related patents. Intel will retain access to that intellectual property for non-smartphone applications. Apple's Johny Srouji, senior vice president of Hardware Technologies, said the deal "will help expedite our development on future products and allow Apple to further differentiate moving forward." The deal is expected to close by the end of the year. In April, Apple reached a deal with Qualcomm to use their modem chips exclusively, in order to resolve a long-running patent dispute. At the same time, Intel canceled its 5G modem project, which was intended for future iPhones. Prior to the Qualcomm deal, Apple had used both Qualcomm and Intel modems in its iPhones.
Aug 27, 2019
Sprint today launched 5G service in four new cities, and launched one new 5G phone: The OnePlus 7 Pro 5G, available starting today. In New York City, 5G covers 1.7 million people, and parts of Manhattan from Central Park to the southern tip.
Nov 18, 2020
Google today launched a major revamp of its Google Pay app with a new interface and several major new features. Instead of a stack of cards and list of transactions, the new interface centers around the people and businesses you exchange money with, with a conversation-style interface for each person, group, and business.
Mar 16, 2021
Chinese telecom giant Huawei announced plans to be more aggressive about collecting royalties for its patents related to 5G technology, including collecting up to $2.50 per 5G smartphone sold. Huawei has over 3,000 patents related to 5G, about 18% of which are essential to the 5G standard, according to intellectual property research organization GreyB.
Jul 26, 2019
The US Department of Justice has given its blessing to the proposed merger of T-Mobile and Sprint. Several conditions — including a comprehensive deal with Dish intended to create a small fourth national carrier — have satisfied the federal government's anti-trust concerns.
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.