“In an effort to bolster its position in the smartphone market, Intel Corp. has agreed to buy the wireless business of German chip maker Infineon Technologies AG for about $1.4 billion in cash, the companies said Monday,” Aude Lagorce and Robert Daniel report for MarketWatch.
“The Infineon unit makes chips used in mobile phones and laptops, including Apple Inc.’s popular iPhone,” Lagorce and Daniel report. “The acquisition — the second for Intel within two weeks — will bolster its position in the market for smartphone chips, enabling it to offer ‘the full range of wireless options, from Wi-Fi and 3G to WiMAX and LTE,’ Intel Chief Executive Paul Otellini said in a statement.”
“The deal with Infineon propels Intel at the forefront of the recent surge in M&A activity. Earlier this month, it announced a $7.7 billion offer for computer-security expert McAfee Inc.,” Lagorce and Daniel report. “For Infineon, the sale of its mobile unit is a chance to refocus on its core lines: automotive, industrial and multimarket, and chip card and security fields, Chief Executive Peter Bauer said.”
Lagorce and Daniel report., “Investors gave the deal a frosty reception on Monday, sending shares of Infineon down 2% in midday trade on Xetra in Frankfurt.”
Full article here.
MacDailyNews Note: In pre-market trading, shares of Intel (INTC) are down slightly, off $-0.11 (-0.60%) to $18.26 at 8:52AM EDT.
If you can’t earn your way into the iPhone, buy your way in.
The iPad and iPhone 4 use A4 chips. But are the cellular chips in these devices separate? And are these made by Infineon?
Can someone answer this?
Skyworks chips if I remember.
I thought Skyworks had been out since the 3GS. You can go to iFixit and look at their teardowns to see what chips are in the iPhone.
I hope Apple switch to other chips as soon as possible.
There are two Skyworks PA Chips in the iPhone 4, but the baseband CPU is definitely a Infineon X-Gold 616 together with a Smarti UE tranceiver chip.
Infineon seems to be the right solution for the moment, but I am sure, Apple is also working on their own baseband chip, so Infineon technology will only be the backUp plan for the next iPhone 5 and will fade out for sure with iPhone 6.
The magic words with new CEVA Cores are SDR – software defined radio – and Apple have much more competence in software developing as Infineon and INTEL together.