Intel buys mobile Infineon chip

Chip giant Intel has acquired the wireless chip division of Infineon in Germany for 900 million euros

.

Infineon is perhaps best known to consumers has chips used by Apple in the iPhone.

deal with the following Intel 4900000000 buy McAfee this month U.S. security software maker.

Intel has for smartphones

Both transactions are an integral part of its business in moving from the traditional core Intel processors for the production of personal computers in the new, rapidly growing markets, such as security and mobile and wireless devices.

Intel lowered sales forecasts last week, noting that demand for computers was slow in what he sees is slower than expected recovery of world PC market.

Company reduced its expected third quarter revenues to $11 billion, compared with an estimated forecast of $11.6bn in just six weeks ago.

Intel latest acquisition of Infineons wireless devices allow the company to increase its position in the rapidly growing market for smartphones.

mobile units will remain as an independent business, as announced by both Infineon and Intel.

Infineon Intel would allow an instant heavyweight(in mobile) and buy them three or four years in R D, Flint Pulskamp IDC analyst, told Reuters.

Via: Intel buys mobile Infineon chip

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Intel buys mobile Infineon chip

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