We reported two days ago that an Apple insider source is claiming that the Cupertino based tech giant is in “advanced talks” with Intel to purchase its modem chip division. The reason why Apple is interested in doing this is to be able to provide the next generation of iPhones with 5G connectivity. Well, it looks like the rumors were right because Apple announced earlier today that it has finalized the deal with Intel. Apple Confirms Intel Deal “Combining the acquired patents for current and future wireless technology with Apple’s existing portfolio, Apple will hold over 17,000 wireless technology patents, ranging from protocols for cellular standards to modem architecture and modem operation. Intel will retain the ability to develop modems for non-smartphone applications, such as PCs, internet-of-things devices and autonomous vehicles,” said Apple. This means that Intel is no longer going to create processors for smartphones. We should mention that this is a big win for Qualcomm since Intel’s mode, chip division was the only that could compete against Qualcomm and if there is something that we can be sure about, then it has to be the fact that Apple is not going to create chips for any other smartphone company. Intel Speaks Out “This agreement enables us to focus on developing technology for the 5G network while retaining critical intellectual property and modem technology that our team has created…. We’re looking forward to putting our full effort into 5G where it most closely aligns with the needs of our global customer base, including network operators, telecommunications equipment manufacturers and cloud service providers,” said Bob Swan who is the CEO of Intel. 5G iPhone From the looks of it, Apple now has everything it needs in order to manufacture 5G chips for its upcoming iPhones. Let’s hope that Apple decides to use this technology in September when iPhone 11 is scheduled to launch and doesn’t keep it for 2020.