Intel announces it is exiting 5G mobile modem market after Apple and Qualcomm bury the hatchet

Intel has announced that it is to leave the 5G smartphone modem business and will assess the opportunities for 4G and 5G modems in PCs, as well as data-centric and IoT devices. While Intel has not indicated a link between the two announcements, the news comes just after Apple and Qualcomm said they are bringing their legal battles to an end. It means that Intel will not supply the modem for the 5G iPhone, but the company says it will continue to invest in its 5G network infrastructure business. See also: Apple and Qualcomm bring their global legal fight to… [Continue Reading]