Intel’s sale of its smartphone modem business to Apple is complete
When it comes to the smartphone market,Intelhas not had the easiest of years. And before 2019 wraps up, it has officially closed the book on its smartphone modem business. Announced today, Intel has completed its sale of its smartphone modem business to Apple. The sale is valued at $1 billion, and it wasofficially announcedback in July of this year. With the sale now complete, Intel will refocus its attention away from the smartphone market from this point forward....