Stay Informed. Stay Competitive. Get Free Email Updates Dow 30 & Emerging Growth

Stay Informed. Stay Competitive.

Get Free Updates

Dow 30 & Emerging Growth

Intel Finalizes Sale Of Its Smartphone Modem Business

By John F. Heerdink, Jr.

Intel Corporation (INTC) seeks to expand the boundaries of technology to provide the most amazing experience possible while designing, manufacturing, and selling integrated digital technology globally.

Intel recently announced the completion of the sale of its majority-owned smartphone modem business to Apple. The transaction valued at $1 billion was originally announced on July 25, 2019. The deal will allow Intel to focus on developing 5G networks and developing modems for non-smartphone applications including PCs, internet of things devices and autonomous vehicles.

To learn more about Intel Corporation (INTC) and to track its progress please visit the Vista Partners Intel Corporation Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectorsVista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!.

Join us at Vista Partners! It’s FREE to receive email updates.


Post View Count : 222
(Read Original Story: Intel Completes Sale of Smartphone Modem Business to Apple in Business Wire)


Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Connect with us