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Apple mulling to buy Intel's modem business: Report

IANS  |  San Francisco 

is still mulling to acquire Intel's failed Germany-based business, The Information has reported citing sources.

This comes at a time when the considers selling its struggling business in bits and pieces.

is focusing on one of the strongest pieces of the business. While Intel's modem group is spreading across the world, its foundation is in Germany, where the Infineon, whose modem operations bought in 2011 for $1.4 billion, The Information reported on Tuesday.

Any deal between the two is likely to send hundreds of Intel's modem engineers to the maker.

is reportedly looking to buy Intel's modem division since last year but could not strike a deal.

Apple has already poached modem engineers. Meanwhile, is also looking to completely exit the 5G modem business as soon as possible, according to tech website

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, June 13 2019. 12:42 IST
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