So news coming in suggests that smartphone giant, Apple are in talks with Qualcomm to acquire the hardware company’s modem business for a mind boggling $1b+.
Although no deal has been signed yet and nothing has been bought or acquired yet, but rumors has it that if their talks goes well we should be seeing Apple sealing a deal with Qualcomm.👏
If the deal finalizes, the company is gonna be enjoying a 6 year licencing agreement too and will also put Apple in the bandwagon of 5G enabled devices.
Spokesperson of both parties involved are yet to comment on the deal.