Apple has announced the acquisition of chip-maker Intel”s smartphone modem business for $1 billion.
This agreement enables to focus on developing technology for the 5G network while retaining critical intellectual property and modem technology. Intel had been working on a chipset for the iPhone maker, with the chip expected to be part of iPhones by 2020.
Static/Current Takeaways Important For SBI Clerk Main :
- Present CEO of Apple: Tim Cook.
Source: The DD News