Although the hopeful buyer has not been disclosed, the report speculates that it could be Apple:
Intel gave no indication of who the interested bidder could be; whether it is, for example, an operator company acting on its own, a consortium or an investor game. But considering the reports of Apple's interest in the chipmaker's overall smartphone modem business, the iPhone giant has to be seen as among the most likely bidders.
Intel allegedly intends to sell 8,500 assets from its patent portfolio, including 6,000 patents related to 3G, 4G, and 5G cellular standards, and an additional 1
Of course, the portfolio would be extremely valuable to Apple, as rumors suggest that the iPhone manufacturer is developing its own cellular modems that could be ready in 2022 or 2023, according to the acclaimed analyst Ming-Chi Kuo. Apple is also expected to release its first 5G-compatible iPhone next year.
In April, Intel announced its termination of the 5G smartphone business, not long after Apple and Qualcomm reached an agreement and a multi-year supply agreement that will see Qualcomm deliver 5G modems to future iPhones.
Apple is apparently interested in buying parts of Intel's smartphone modem business after its exit, possibly with its German division. Along with the 8,500 patents, this will give Apple a significant amount of 5G-related intellectual property to promote its wireless technology.