Following up on the news that surprised everyone of Apple and Qualcomm settling their dispute and signing agreements, comes a new report that suggests Intel is exiting the 5G smartphone modem business. Apple has been using Intel modem chips since its relationship with Qualcomm deteriorated. As part of their recent deal, one of the agreement the two companies signed was a supply agreement.

The report suggests that Intel will continue to invest in 5G infrastructure, but will move away from 5G smartphone chips, and will no longer deliver on those scheduled for 2020.

We are very excited about the opportunity in 5G and the ‘cloudification’ of the network, but in the smartphone modem business it has become apparent that there is no clear path to profitability and positive returns — Intel CEO Bob Swan

“However, Intel will also complete an assessment of the opportunities for 4G and 5G modems in PCs, internet of things devices and other data-centric devices”, DigiTimes reports.

You May Also Like
Huawei Mate 30 Pro review

Huawei Mate 30 Pro review: the best phone you can’t get, and that’s OK

In our Huawei Mate 30 Pro review we’re trying to answer the question of whether the phone can survive without Google support, and should you buy it?

Companies could soon get licenses to sell to Huawei

Good news for Huawei: In a recent Bloomberg interview, Commerce Secretary W. Ross said he was optimistic about reaching a “Phase One” China deal this month.

The upcoming Moto Razr has been spotted in the wild, with a huge chin

It seems that the new Moto Razr is already being caught in the wild, with a huge chin, and there’s a picture to prove it