![FILE - In this Oct. 3, 2018, file photo the Intel logo appears on a screen at the Nasdaq MarketSite, in New York's Times Square. Apple is paying Intel $1 billion for the chip maker's smartphone modem division in a deal driven by the upcoming transition to the next generation of wireless technology. (AP Photo/Richard Drew, File)](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/W27RMDXNMZRRZZI2OFTW4O5YJ4.jpg?smart=true&auth=84689692bbaa2921372853c257726f6567ed625b175a1c123bb72cf077e7f9b2&width=400&height=225)
The Intel-Apple deal is scheduled to close in the fourth quarter. AP Photo
The Intel-Apple deal is scheduled to close in the fourth quarter. AP Photo
Apple to buy Intel's cellular modem unit for $1bn
Apple has been using Intel modems exclusively in iPhones since last year.