InterDigital Inc (IDCC)

[FISH21049]

Apple Might Scoop Up Thousands of Intel Patents in Pursuit of 5G Modem

Motley Fool

Evan Niu, CFA, The Motley Fool
July 10, 2019

"5G continues to be a strategic priority across Intel, and our team has developed a valuable portfolio of wireless products and intellectual property," Intel (NASDAQ: INTC) CEO Bob Swan said in a statement earlier this year when the company revealed it was exiting the 5G modem business. "We are assessing our options to realize the value we have created, including the opportunities in a wide variety of data-centric platforms and devices in a 5G world."

That news came just hours after Apple (NASDAQ: AAPL) announced its surprise settlement with Qualcomm (NASDAQ: QCOM), a supplier it had spent over two years battling in courts around the world. Last month, Intel kicked off an auction for all those patents, and Apple has emerged as a probable buyer as part of its ongoing effort to develop an in-house 5G modem.

MAYBE THEY CAN SCOOP UP idcc TO ROUND OUT THEIR PORTFOLIO OF 5g MODEM Patents.


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https://finance.yahoo.com/news/apple-might-scoop-thousands-intel-211800856.html