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Intel to Buy Infineon Mobile Chip Business for $1.4 Billion

Posted in E-Week on August 30th, 2010 by E-Week

Intel is making a push into the Internet-connected mobile device space with its purchase of Infineon's wireless chip business, whose customers include Apple, Nokia and Samsung. - After months of rumors and speculation, Intel is buying Infineon Technologies' wireless chip unit, its latest move to expand beyond its traditional server and PC processor business. The Aug. 30 announcement by Intel signals the chip giant's aggressive push into the exploding Internet-connected m...

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