Apple will acquire “the majority” of Intel's smartphone modem business for $1 billion, the two companies announced today. ... The acquisition means that Apple is now well on the way to producing its own 5G modems for its smartphones, rather than having to rely on Qualcomm for the hardware.

Does Apple buy Intel?

Apple says it will buy Intel's modem business for $1 billion. The deal is expected to close by the end of 2019. Apple is now in a position to develop its own modems and reduce its reliance on third-party suppliers for a critical component of the iPhone.

Who bought Apple for 5G?

Apple bought the majority of Intel's modem business for $1 billion, including technology related to the development of the 5G modems required for devices to connect to the new networks. Intel still has the option to develop 5G chips for non-smartphone products.