The two companies may potentially develop new Internet of Things chips together.
Chipmakers are eager to stake a claim in the new market that promises to make dumb things smart by connecting to the Internet.
Intel doesn't want to repeat the billion-dollar mistakes it made in the mobile market.
Qualcomm expects to close the deal by the summer of 2015, giving it a boost in automotive and connected devices.
Dutch chipmaker NXP will provide the chips required to support the short-range wireless tech known near-field communications, according to the Financial Times.
Vkansee has a working model of an optical fingerprint sensor that it claims is more accurate and secure than the competition.
Mozilla's 2014 deal with Chinese chipmaker Spreadtrum has opened the door to super-cheap phones. The cheapest is the Ace from Cherry Mobile in the Philippines.
TSMC may still have to compete with Samsung for processor orders from Apple, according to a report.
The chipmaker has built a set-top box based on Google's software, and promises it can can play high-end video games.
Updated iOS app lets you send secure group, text, picture and video messages to other Apple mobile devices, and to Android users who have the TextSecure app.