The Apple-Intel deal is to manufacture smartphone chips

The Dhaka Times Desk This time, Apple-Intel signed a contract to produce smartphone chips. For this purpose, the US company has signed an agreement worth 1 billion dollars with Intel Corporation.

The world famous American technology giant Apple is going to start producing its own chips for smartphones. For this purpose, the US company has signed an agreement worth 1 billion dollars with Intel Corporation.

Under the deal, Apple will receive 17,000 wireless technology patents. Which is expected to further expand the iPhone manufacturing company's operations. Under this agreement, Apple will use various components used in the production of Intel's chips. Along with that, 2,200 Intel workers will join Apple.

On the other hand, the share price of Intel increased by 5.7 percent after the news of this agreement was published in the media. Along with that, Apple's share price also increased.