Apple in advanced talks to buy Intel's smartphone-modem chip business: WSJ
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Thursday
February 09, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
THURSDAY, FEBRUARY 09, 2023
Apple in advanced talks to buy Intel's smartphone-modem chip business: WSJ

Global Economy

Reuters
23 July, 2019, 09:00 am
Last modified: 23 July, 2019, 10:35 am

Related News

  • Apple CEO Tim Cook to take a more than 40% pay cut
  • Apple resumes Twitter advertising? Here’s what Elon Musk said days after spat
  • Apple renames mixed-reality software ‘xrOS’ in sign headset is approaching
  • Apple warns of hit to iPhone shipments from China Covid disruption
  • Brazil judge fines Apple $20 mn over chargerless iPhones

Apple in advanced talks to buy Intel's smartphone-modem chip business: WSJ

While Apple declined to comment, Intel did not respond to a Reuters request for comment

Reuters
23 July, 2019, 09:00 am
Last modified: 23 July, 2019, 10:35 am
Photo: Collected
Photo: Collected

Apple Inc (AAPL.O) is in advanced talks to buy chipmaker Intel Corp’s (INTC.O) smartphone-modem chip business, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Assuming talks don't fall apart, the deal, valued at $1 billion or more, could be reached in the next week, according to the WSJ. (on.wsj.com/2Yi5E6H)

Intel announced it would exit the 5G modem chip business in April, hours after Apple settled a longstanding legal dispute with Qualcomm Inc (QCOM.O), a key supplier of iPhone modem chips.

The Journal had reported in the same month that Intel was exploring a sale for its modem chip business to Apple or another acquirer.

While Apple declined to comment, Intel did not respond to a Reuters request for comment.

Shares of Intel rose 1.5% to $52.10, while those of Apple were up marginally in extended trading. Qualcomm’s shares were down about 2% on the report.

Intel is expected to report second-quarter results on July 25, while Apple is scheduled to report its third-quarter earnings on July 30.

World+Biz / Top News

Apple / Intel's smartphone-modem chip business

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Illustration: Dalbert B. Vilarino for Bloomberg Businessweek
    If you have to have a recession, make it a rolling one
  • Photo: PID
    Rail connectivity will ease Dhaka's traffic jam, says PM
  • IFIs like the IMF will need to provide new finance early on. Photo: Reuters.
    Pakistan Finance Minister says expect IMF matters to be settled today - Dawn

MOST VIEWED

  • Illustration: Dalbert B. Vilarino for Bloomberg Businessweek
    If you have to have a recession, make it a rolling one
  • IFIs like the IMF will need to provide new finance early on. Photo: Reuters.
    Pakistan Finance Minister says expect IMF matters to be settled today - Dawn
  • FILE PHOTO: The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, January 27, 2023. REUTERS/Amit Dave/File Photo
    Adani stocks slip after 2 days of gains as MSCI to review free float status
  • Oil pumping jacks in an oilfield near Neftekamsk, in the Republic of Bashkortostan, Russia.Source: Bloomberg
    Oil settles up for third day as interest rate concerns ease
  • U.S. President Joe Biden makes a statement about the U.S. midterm elections during his visit in Phnom Penh, Cambodia November 13, 2022. REUTERS/Kevin Lamarque
    Biden says he sees no recession in 2023 or 2024
  • An electronic stock quotation board is displayed inside a conference hall in Tokyo, Japan November 1, 2021. REUTERS/Issei Kato
    Asian shares track Wall Street lower amid chorus of Fed speakers

Related News

  • Apple CEO Tim Cook to take a more than 40% pay cut
  • Apple resumes Twitter advertising? Here’s what Elon Musk said days after spat
  • Apple renames mixed-reality software ‘xrOS’ in sign headset is approaching
  • Apple warns of hit to iPhone shipments from China Covid disruption
  • Brazil judge fines Apple $20 mn over chargerless iPhones

Features

Google’s investment bodes well for Ireland’s economy.Photographer: Hollie Adams/Bloomberg

Layoffs alone won’t solve tech's problems

4h | Panorama
Mirsarai Autism Centre has been established to facilitate 7,000 disabled, autistic children at a distant village of Mirsarai upazila. Photo Minhaj Uddin

Children are everyone's business

9h | Panorama
Caption1: One of Shaker Ibne Amin’s earliest and most favourite builds which he calls the ‘Soul’. Photo: Saikat Roy

3Monkey: Making the dream custom bike for every rider

8h | Wheels
Chinese automobile manufacturers dominate the 2023 Dhaka Motor Fest

Chinese automobile manufacturers dominate the 2023 Dhaka Motor Fest

7h | Wheels

More Videos from TBS

Quake death toll rising, passes 15,000

Quake death toll rising, passes 15,000

40m | TBS World
Ekushey book fair to see fewer releases this year

Ekushey book fair to see fewer releases this year

6h | TBS Stories
Sirajdikhan's delicious Patkhir is also in demand abroad

Sirajdikhan's delicious Patkhir is also in demand abroad

6h | TBS Stories
LeBron James NBA's all-time highest scorer

LeBron James NBA's all-time highest scorer

6h | TBS SPORTS

Most Read

1
Photo: Courtesy
Panorama

From 'Made in Bangladesh' to 'Designed in Bangladesh'

2
Master plan for futuristic Chattogram city in the making
Districts

Master plan for futuristic Chattogram city in the making

3
Photo: Collected
Crime

Prime Distribution MD Mamun arrested in fraud case

4
Maqsuda Begum made new executive director of Bangladesh Bank
Banking

Maqsuda Begum made new executive director of Bangladesh Bank

5
Photo: Rajib Dhar/TBS
Bangladesh

HSC results to be published Wednesday

6
30% companies see double-digit growth even in hard times
Economy

30% companies see double-digit growth even in hard times

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]