Apple completes $1bn amputation of Intel's 5G smartphone modem biz, out of mobiles for good
https://www.theregister.co.uk/2019/12/02/apple_1bn_intel_5g/
Apple's acquisition of the bulk of Intel's smartphone business, valued at $1bn, was completed today against the backdrop of of a complaint from Chipzilla that the deal was done "at a multi-billion dollar loss".
The completion of the deal, first announced in July, came three days after Intel filed an amicus brief (PDF) bitterly opposing Qualcomm's appeal of the landmark FTC judgment back in May, which found Qualcomm guilty of abusing its chip patent monopoly.