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Intel to Acquire iPhone Supplier Infineon’s Wireless Chip Unit

Intel today confirmed long-standing rumors by announcing that it will acquire the Wireless Solutions (WLS) unit of German firm Infineon for $1.4 billion. The move gives Intel a significant expansion into the market for smartphone chips as it…

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Source: http://www.macrumors.com/2010/08/30/intel-to-acquire-iphone-supplier-infineons-wireless-chip-unit/