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

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.”
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Here is All You Need to Know About The Author of Rocky And Arjun : Author Vijay Sharma

Vijay Sharma AKA VijayKrishna is a writer and author of the book “Rocky and Arjun – Eventual Days with my Mountain Dog”.
Birthplace and Family Background: I was born in the small town of Batala, in the district Gurdaspur of the state of Punjab in India. I grew up with two brothers and a sister in a middle-class family in Delhi and completed my education in Delhi. I am currently living in Delhi and Mumbai.
Profession: I am working as a business professional with a Medical Device company. I love traveling and for my work I traveled to many cities across the globe.
My Ambition: To be a successful person to help or support as many people as I can in my life.
What made me write this book Rocky and Arjun: I was writing short stories and blogs on different online platforms under my pen name – VijayKrishna and during the COVID-19 lockdown, I thought of converting one of my short stories into a book/novel. I really wanted to tell this story to the world as I love dogs very much. I wrote three different versions of the story and the published version of my book Rocky and Arjun is one of the versions which I rewrote after a lot of discussions with my family and friends who were my initial audience.
My Future Plans as a writer: After my first book Rocky and Arjun is published, I got the confidence to write more fictional stories, especially Children’s Fiction Stories compiled in the form of a book. My second book will be for children, adults, and geriatric readers who love to read compilations of simple yet interesting short stories. My third book will be a novel dedicated to “Mothers”.
My Message to the new generation: I grew up reading books written by Guru Rabindranath Tagore, Gulzar, Ruskin Bond, Leo Tolstoy, and Anton Chekhov. My message to the new generation is to read books written by these eminent writers who are my inspiration. Also, read good books written by young writers of the current generation. Keep reading to enrich your knowledge.
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A Surgeon by Day & a Poet by Night, Here is All You Need to Know About Dr. Shadab Ahmed

Our team had been in touch with Dr. Shadab Ahmed for some time. We had always seen him smiling and in a positive mode. His books are well admired and he has a great persona, for which we decided to cover his story. Today we present you with a true gem of a person, Dr. Shadab Ahmed.
Dr. Shadab Ahmed hails from Bihar, India. He has spent good segments of his life in North-East India, New Delhi, Gujarat, and Tamil Nadu. True-Blood Bihari by thinking and living, his mantra is “Carpe Diem”, or to seize the day.
Dr. Shadab Ahmed was born and brought up in the resilient and magical North-East India, growing up between guns and roses. He moved pan-India at various ages, finishing his schooling in Manipur and Delhi. His voracious appetite for knowledge and wisdom led him into books, refining his perception and understanding of the good, bad, and wicked in life. He is a scholar of literature and poetry, and his interests are diverse in Norse, Hebrew, European, Mughal, Russian, Iberian, Latin-Modernism, Metaphysical, Alhambra, Mandarin, Turkish, Persian, Indian, Baltic, Celtic, and Castilian poetry and literature. He retains an inner child and has a very combustible imagination.
Dr. Shadab Ahmed is an Oral and Maxillofacial Surgeon by profession, and he is also an Associate Professor (Reader) in the Department of Oral and Maxillofacial Surgery at Vinayaka Mission’s Sankarachariyar Dental College, Vinayaka Mission’s Research Foundation (VMRF-DU), Salem, Tamil Nadu. He completed his UG from Buddha Institute of Dental Sciences and Hospital, Bihar, and his PG from Meenakshi Ammal Dental College & Hospital, Tamil Nadu. For pre-destiny, he altered his academic path and took the bold risk of jumping into college management and administration, and has never looked back since. He is distinctive in methodically drafting policies for NABH, NAAC, NIRF, and AISHE and implementing protocols of the Dental Council of India. He focuses on qualitative and quantitative institutional growth. He has previously served as Joint Coordinator and Administration Advisor to dental institutions and has worked as a dental surgeon with the North-East Frontier Railways, Assam. His interest in OMFS goes into Head and Neck Plastic and Reconstructive Surgery, Cleft and Craniofacial Disorders, and Maxillofacial Trauma.
Inspiration to write a book: Dr. Shadab Ahmed has always been fascinated by books and wanted to write since he was a child. But for his chosen and formidable academic path. He never managed to complete his books, which were left on the shelves and acquired dust over time. His inspiration to write books came from his father, who proudly declared one day that he would never be able to write a book. Today, Dr. Ahmed is the author of 3 published non-pedagogical books related to World Poetry, with several others in the press and under progress. He devotes his free time maniacally to reading, understanding, and translating various canonical poetry texts and their interpretations, along with their “Pre-Text” in history and “Con-Text” in contemporary times and ages. His extra-academic interest bridges across Bards, Rhymes, Hymns, Epics, Odes, Elegies, Zajals, Poesies, Ballads, Sonnets, Quatrains, Verses, Couplets, Qasidehs, Muwashshahs, Masnawis, Haikus, Limericks, and Runes. His distinctive interest lies in European Literature and Poetry (covering the Jacobean Era, Elizabethan Era, Edwardian Era, Georgian Era, Stuart and Caroline Eras, Renaissance and Post-Renaissance Eras) and Mandarin Poetry, encompassing the Ming, Yuan, Song, and Tang dynasties.
Dr. Shadab Ahmed has several books in progress and manages to write in what little time he gets after his professional duties. Two more of his books are in press and slated to be released in the coming months this year. He aspires to open a bookstore someday, thereby completing the trinity of visions he envisioned as a child (Doctor-Author-Businessman). He prays he gets the time and chance to see his pre-science conceptualizing in the coming months and years. He believes in taking decisive risks and lives for the day.
Buy His Books
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Zepto, 10-minute grocery delivery app, raises $100 million

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.
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