Hours after Apple Inc. AAPL, +0.01% and Qualcomm Inc. QCOM, +23.21% settled their fight on Tuesday, Intel Corp. INTC, +0.76% announced that it will get out of the business for 5G modem chips, in which it was trying to compete with Qualcomm. Apple's partnership with Intel on modem chips -- Qualcomm's bread-and-butter product -- was a big part of the legal fight between Apple and Qualcomm.
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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 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.
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Intel is quitting the 5G smartphone modem business: 'There is no clear path to profitability and positive returns'The move means that chipmaker Intel will no longer have any business in the smartphone device market. What they are killing them self’s?!!!!!! Huawei will lead the market many years 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »