Infineon

Intel seen as likely buyer for Infineon group

Intel is the most likely buyer for Infineon's wireless business now up for sale, though Broadcom is a better fit and Samsung is clearly interested, according to market watcher Will Strauss.

Infineon said earlier this week it is making progress in discussions to sell its wireless group which generated about $1.2 billion in sales last year. That represents about a third of total revenues at Infineon which is seeking to focus on its larger and more profitable automotive chip business.

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