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

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

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

The move means that chipmaker Intel will no longer have any business in the smartphone device market.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

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:

 /  🏆 729. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Intel says it's exiting the 5G smartphone market, hours after Apple-Qualcomm settlementIntel said on Wednesday it's pulling out of the 5G smartphone market and will provide further details later this month.
Source: CNBC - 🏆 12. / 72 Read more »

Intel drops out of 5G modem business after Apple-Qualcomm settlementHours after Apple Inc. and Qualcomm Inc. settled their fight on Tuesday, Intel Corp. announced that it will get out of the business for 5G modem chips, in...
Source: MarketWatch - 🏆 3. / 97 Read more »

Intel says to exit 5G smartphone modem businessIntel Corp said on Tuesday it was exiting the 5G smartphone modem business, whil... 1 st time companie kill itself ?!!!!!!! Exit iot exit 5g amd 70% of worlwide cpu market.. Is intel following in IBM’s footsteps? Intel cannot compete with Huawei. Taps out before the fight even started.
Source: Reuters - 🏆 2. / 97 Read more »