Connect with us

Brand Story

Apple buys Intel’s smartphone modem business for $1 billion

Published

on

Apple Inc took a major step toward supplying its own smartphone chips by purchasing the majority of Intel Corp’s modem business in a deal valued at $1 billion, the companies said on Thursday.

Under the deal, about 2,200 Intel employees will join Apple, along with intellectual property, equipment and leases. Combined with its existing portfolio, Apple will have 17,000 wireless technology patents, ranging from cellular communication standards to modems, making it a more powerful player in global licensing talks that will likely take place between major 5G patent holders such as Huawei Technologies Co Ltd [HWT.UL].

Intel shares rose 5.7% to $55.05 after the news and the company’s report that its earnings beat analysts’ expectations. Apple shares edged up 0.1% to $207.29.

After the deal, Intel will retain the right to develop modems for non-smartphone applications, such as PCs, industrial equipment and self-driving cars.

Modem chips connect devices like the iPhone to wireless data networks, but Apple has always relied on outside suppliers for the part. Intel positioned itself as the sole source of iPhone modem chips over the past year after Apple got into a prolonged legal fight with previous supplier Qualcomm Inc over patent licensing practices.

Cupertino, California-based Apple reached a surprise settlement in April that called for the iPhone to once again use Qualcomm modem chips. Within hours, Intel said it would quit the smartphone modem business.

Apple’s acquisitions have mostly been much smaller companies, making the Intel deal its second-largest ever after its $3.2 billion purchase of Beats Electronics in 2014.

The deal with Intel will bolster Apple’s goal to make its own modem chip. Two of Apple’s biggest global rivals – Samsung Electronics Co Ltd and Huawei – already have the ability to self-supply modem chips.

Technology news publication The Information last year reported Apple’s efforts to develop its own modem, but the iPhone maker has never formally acknowledged it. In February, Reuters reported that Apple moved its modem engineering efforts into the same chip design unit that makes the custom processors for its devices, signalling a doubling down on the pursuit of self-designed modem chip.

Apple Chief Executive Tim Cook has also long said the company wants to control its own technological fate, what analysts have called the “Cook Doctrine.”

“We believe that we need to own and control the primary technologies behind the products that we make,” Tim Cook told investors back in 2009.SPEEDING UP DEVELOPMENT

The purchase of Intel’s assets could help Apple meet its aggressive timeline for producing a modem.

A person familiar with the matter said Apple plans to use Qualcomm’s modem technology for a 5G iPhone in 2020 but wants to have an internally developed 5G modem technology ready for use in some of its products by 2021. Intel previously disclosed plans to have a 5G modem ready by 2020, so tapping the Intel assets could help Apple hit its target.

But any replacement of Qualcomm is likely to happen in phases, this person said, as Apple builds up its ability to ensure that its modems work on all the networks and countries where Apple sells phones. Ensuring worldwide compatibility is Qualcomm’s historical strength, and Apple might still have to rely on Qualcomm for some modems during a transition period to its own devices.

“There’s a fierce desire (at Apple) to have Independence, but they also realise it has to be done responsibly,” this person said.

Apple’s license deal with Qualcomm lasts six years and its accompanying chip supply agreement could also last that long, said one chip industry veteran who requested anonymity to discuss confidential matters. Apple is likely to continue to use the San Diego firm’s chips in its flagship models even if it phases in its own silicon for lower-end and older models, this person said.

Apple has engaged with Taiwan’s Global Unichip Corp, a chip design house in which Apple supplier Taiwan Semiconductor Manufacturing Co is an investor, to explore a modem design, but the work is in early stages.

“Clearly Apple saw the handwriting on the wall, because they came around and did a deal with Qualcomm,” this person said.

Apple declined to comment on its plans, and Qualcomm and Global Unichip did not immediately respond to a request for comment.PATENTS AS LEVERAGE

The most valuable aspect of the Intel deal for Apple could turn out to be patents. To sell a 5G iPhone, Apple will need to strike deals with the major holders of 5G patents, including Nokia , Ericsson, Huawei and Qualcomm. Apple executed a licensing deal with Qualcomm, but it has not disclosed whether it has deals in place with the others.

Erick Robinson, a patent attorney who had worked in Qualcomm’s licensing division in Asia, said the patents could give Apple better leverage in licensing talks.

“I don’t think Intel has quite the portfolio that Qualcomm has, but they certainly have a large enough one to impact the valuations when it comes to a cross-licensing deal,” he said. “It’ll save (Apple) a huge chunk of change in cross-license deals.”

source

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.

Brand Story

Zepto, 10-minute grocery delivery app, raises $100 million

Published

on

Only five months subsequent to dispatching, 10-minute basic food item conveyance application Zepto on Tuesday reported it has raised $100 million driven by Y Combinator, taking its valuation to $570 million.

Other than the raise money, Zepto has been developing staggeringly rapidly and is significantly increasing its client base consistently.

In the course of recent months, Zepto has extended past Mumbai by dispatching in Bengaluru, Delhi, Gurgaon, Chennai, Hyderabad, and Pune (Kolkata to follow), the organization said in an assertion.

“Financial backers are reliably deciding to back Zepto due to our top tier execution. This is giving us extraordinary energy – we’re developing at an amazing rate, clients are adoring the item experience, our center unit financial matters are solid, and we have one of the most outstanding startup groups in India today,” said Aadit Palicha, Co-Founder and CEO.

The Series C raising money round saw support from new and existing financial backers, including Glade Brook, Nexus, Breyer Capital, Lachy Groom, Global Founders Capital, Contrary Capital, and that’s just the beginning.

The round came 45 days later the organization reported its $60 million raise money in November.

Conveying food in a short time is a game-changing encounter for clients in the nation, and a few players are presently joining the race.

“We are eager to twofold down and lead this round in Zepto. They initially dispatched with an alternate model, quickly turned to speedy trade in August 2021, and are presently adding 100,000 new clients consistently, 60% of the ladies,” said Anu Hariharan from Y Combinator.

Continue Reading

Books & Authors

Framed for a murder in the past? Has now achieved the tag of being an author of 30+ buzzing books

Published

on

How do you start with a task all over again after you reach the end of the task and it’s destroyed for some unknown reasons. Life makes one witness enormous kinds of phases both in terms good and bad. This one’s about a person who can be referred to as the kind of person, who’s been through in and out section of the life’s stomach and has understood every aspect of life now.

Anuj Tikku, a renowned writer and actor in the bollywood industry, has been through different stages in life and he’s the same person who was once seen in the movie Rab Ne Bana Di Jodi back then in 2008.

Anuj has been both the versatile form of human and a talented kind of professional worker who has released over 30+ books by now and all of them, have delivered their required motive.
He has recently came up with a book “Assassinating Modi”. The premise is both scandalous and rather bold. It takes a significant amount of courage to write about something like this. The author has combined political drama with action and adventure. The books enfolds mystery and conspiracy, creating intrigue in the mind of a reader.

Being an actor who was an alleged murder convict of his own father has come so ahead in life, becoming an author of 30+ published books, a renowned blogger and so renowned. He was a prime of suspect of his father’s murder and his life took a huge turn away from bollywood and put his mind to travelling in order to attain peace of mind and that’s the story of his blog TikkusTravelton. If one reads his blogs, he/ she will find out how beautifully he has written about his travel experiences, from his spiritual experiences at Kumb to the very calming Kailash Yatra. He has channelled the things he likes to do, his hobbies into his profession, his main revenue earning means.

After being detained in a false crime of his dad’s murder in April 2012, life’s been more than just a challenging game to Mr. Anuj as it took a while longer than expected for the real killer to be identified which did cost Anuj a fortune of loss in his goodwill and peace of mind but once a fighter is always a fighter and that’s how his journey of being unstoppable started.
Apart from his new books, he has dared to jot down his own life’s saddening and mysterious tales in form of books which are namely; Yes Sir, I killed my dad: A son’s grief, then there’s Unholy tales from Banaras which somehow created a buzz in the reader’s community. His book Yeh! Hai India was displayed on several blogs as a milestone read and such work of success was still somehow unnoticed by people. There’s also a reality based work of research from the author under the title “Chal Nangi Hoja”, where the author has performed a skilled and marvelous work of research on how a porn app is developed beneath the nose of the nation’s judicial system by a known personality and the work witnessed in the book is beyond explainable terms.

*His book, Nineteen* : A Pandemic’s Tale, has the Covid-19 pandemic in the background and is the story of the people of Mumbai and across and India are struggling in the pandemic with many lives at stakes. And he also talks about the importance to keep aside our differences and stand up together as one unit, keeping in mind the saying “We are in this together”.
In one of his interviews, Anuj mentioned his next new release, 27 Days In Taliban, shedding light on the Taliban issue that has put the whole world in shock. He uses motivation and inspiration to write, which makes him a distinguished author and a great personality.

There’s one thing common in his writings that he writes in a swift flow and makes use of simple expressions which can vividly understood by an average reader. His English is not too complex and his books lay focus on the narration rather than the language. In his journey as an author he has written on topics in a wide spectrum – real events, his travel diaries, memoirs, soft erotica and much more. He has an enlightening effect on people and bring to the fore, things that are talked about a lot but people don’t know them in bits and crucks.

 

Continue Reading

Brand Story

Photos | Delhi’s crystal clear view amid lockdown

Published

on

The nationwide lockdown imposed in the country to contain the deadly coronavirus has brought some good news for the air quality across the country.

Amid all other states and cities, Delhi – which has always been in bad light due to pollution, has come up with a crystal clear view and improved air quality on Friday.

According to Centre-run System of Air Quality and Weather Forecasting And Research (SAFAR), Delhi breaths ‘satisfactory’ for the fifth consecutive day with the overall Air Quality Index (AQI) docking at 62.

Here are some of the pictures giving glimpses of New Delhi amid the lockdown:

Delhi
Delhi
Delhi

It is not just India but worldwide that the impact of multiple lockdowns can be observed. Quarantining and lockdowns have forced many countries’ industries to shut down, with many factories closing their doors. The World Economic Forum reports, images from the Centre for Research on Energy and Clean Air (CREA), as well as satellite footage from NASA and the European Space Agency (ESA), show a drastic decline in NO? emissions over recent months, particularly across Italy and China.

According to NASA scientists, the reduction in NO2 pollution was first apparent near Wuhan, but eventually spread across the world. Millions of people have been quarantined in one of the largest such actions in human history. “This is the first time I have seen such a dramatic drop-off over such a wide area for a specific event,” said Fei Liu, an air quality researcher at NASA’s Goddard Space Flight Center. Liu recalls seeing a drop in NO2 over several countries during the economic recession that began in 2008, but the decrease was gradual.

source

Continue Reading

Newsletters

Enter your email address to get latest updates

Advertisement

Trending

Copyright © 2018 - 2022 Delhi Wire.