Intel is quitting the 5G smartphone modem business: 'There is no clear path to profitability and positive returns'

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Intel is quitting the 5G smartphone modem business: 'There is no clear path to profitability and positive returns'
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The move means that chipmaker Intel will no longer have any business in the smartphone device market.

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modem business, effectively ceding the market for smartphones on the eve of what's expected to be the biggest wireless market technology transition in years.

The timing of the Apple settlement and the Intel announcement did not appear to be a coincidence and was quickly remarked upon by industry observers. "Did Apple say 'Intel is too much, I need to go back with Qualcomm' or was this Intel saying 'This business isn't great and I don't want to pour more resources into it'?" Moorhead said.

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techinsider Huawei 5G modems will be cheaper than Intel's 'to-be-manufactured' 5G modems; and since China developed 5G technologies as well, no free IP royalties for Intel.

What they are killing them self’s?!!!!!! Huawei will lead the market many years

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