Intel exits 5G smartphone modem business

  • 📰 eNCA
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The US electronics giant leaves the 5G mobile modem market to focus its efforts more on 4G and 5G modems for PCs and smart home devices.

An Intel logo hangs from a beam during the Mobile World Congress on the third day of the MWC in Barcelona.SAN FRANCISCO - US electronics giant Intel said on Tuesday it was withdrawing from the 5G smartphone modem business, hours after Apple and American microchip manufacturer Qualcomm announced they had clinched an agreement to end a battle over royalty payments.

"5G continues to be a strategic priority across Intel, and our team has developed a valuable portfolio of wireless products and intellectual property," CEO Bob Swan said in a statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: Apple Puts Need for 5G Ahead of Legal Fight in Qualcomm DealApple Inc. put its flagship product, the iPhone, ahead of distaste for the way Qualcomm Inc. does business in settling a bitter, two-year legal dispute with the chipmaker.
Source: dailymaverick - 🏆 3. / 84 Read more »

Huawei secured 40 commercial contracts to build 5G infrastructure - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.China’s Huawei Technologies Co Ltd said on Tuesday it had secured 40 commercial contracts to build and operate 5G telecommunications infrastructure.
Source: SABC News Online - 🏆 32. / 51 Read more »

Business Maverick: Apple Puts Need for 5G Ahead of Legal Fight in Qualcomm DealApple Inc. put its flagship product, the iPhone, ahead of distaste for the way Qualcomm Inc. does business in settling a bitter, two-year legal dispute with the chipmaker.
Source: dailymaverick - 🏆 3. / 84 Read more »