Intel Corporation Might Not Be in the Apple Watch Series 3 After All
Earlier this month, Bloomberg reported that Intel (NASDAQ: INTC) would supply the cellular modems for the upcoming cellular-capable Apple (NASDAQ: AAPL) Watch Series 3 models.
Though the revenue that Intel might enjoy from this design win would likely be minimal, there would be advantages to Intel in winning this design beyond near-term financial performance such as a deeper working relationship with Apple and insights about the smartwatch market in general.
Image source: Apple.
Source: Fool.com
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