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Apple Buys Microprocessor Company
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Apple has purchased PA Semi for a sum of $278 million in cash. PA Semi designs low-power microprocessors that could end up in products such as the iPhone. Apple would not comment on the reason for its purchase, but Intel has been attempting to convince Apple to use its Atom microprocessors in its mobile devices. This purchase will allow Apple to keep chip design for future generations of the iPhone in-house.
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