Intel says it will exit the 5G phone business as Apple and Qualcomm strike multiyear deal

Intel this evening says it has decided to leave the 5G mobile modem market to focus its efforts more on 4G and 5G modems for PCs and smart home devices, as well as its broader 5G infrastructure business. The announcement comes just hours after Apple and Qualcomm struck a surprise settlement in the two companies’ ongoing patent infringement and royalties dispute related to Apple’s use of Qualcomm modems in the iPhone.

It’s likely Intel’s decision here was what prompted Apple and Qualcomm’s decision to settle — which came as quite a surprise since it happened just as lawyers were presenting opening arguments at the latest courtroom trial that began yesterday in Southern California. But it’s unclear when Intel came to this decision, or…

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Source: theverge
Intel says it will exit the 5G phone business as Apple and Qualcomm strike multiyear deal