Apple’s $1billion Intel splurge is about more than a 5G iPhone

Apple has acquired the majority of Intel’s smartphone modem business – the part that connects devices to Wi-Fi and cellular networks – for a hefty $1 billion (£800m). The deal means about 2,200 staff will move over to Apple, and the company will acquire intellectual property and equipment from Intel.

Apple’s phone sales dipped in the first quarter of 2019, and its progress on 5G has been sluggish compared to competitors. This acquisition is the company’s latest push to control the entire smartphone production ecosystem, but what does this mean for Apple’s currently choppy trajectory?

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