Chipmakers Play Musical Chairs: Qualcomm Eyes Intel's Design Business

Qualcomm, the San Diego-based mobile chipmaker known for its Snapdragon processors, has been exploring the possibility of acquiring parts of Intel's design business. This move comes as Intel faces financial challenges and looks to streamline operations by potentially divesting some of its assets. Qualcomm has not publicly commented on the potential deal, but sources close to the matter suggest that the company is interested in acquiring Intel's modem business, which specializes in designing and manufacturing wireless communication components. Qualcomm has been a major player in the 5G modem market and has a strong relationship with many of the world's top smartphone manufacturers.

The potential deal would be a significant move for Qualcomm, which has been looking to expand its footprint in the chipmaking industry. Intel, on the other hand, has been facing financial challenges in recent years and has been looking to streamline its operations by divesting some of its assets.

Actions