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Intel going after iPhones and the smartphone market

Intel going after iPhones and the smartphone market

If you can’t beat them, buy them. At least that’s what executives at Intel Corp. seem to be thinking.

Reports are circulating around the Internet that the powerhouse chip maker is close to finalizing a deal with German semiconductor company Infineon Technologies AG to buy its wireless chip unit. If such a deal goes through, it would be a boon to Intel, which has struggled to get a footing in the lucrative smartphone market.

Pay For Essays To Be Written “Infineon chips are used in smartphones from the iPhone to other popular phones,” said Dan Olds, an analyst with The Gabriel Consulting Group. “The vast number of phones and now smartphones is driving a lot of chip sales, and Intel wants a piece of that pie. If Intel grabs Infineon, it will definitely have an impact on the market. With Intel’s size and reach, they can put the competitive screws to the other companies and drive margins down.”

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