Intel dropped a bombshell and said it's giving up on the 5G smartphone business: 'There is no clear path to profitability and positive returns' (INTC, AAPL, QCOM)

Credit: Business Insider- Published 6 days ago
· Intel will abandon the market for smartphone 5G modem chips, the company said on Tuesday.
· The news came on the same day that Apple, Intel's customer for 5G modem chips, settled a lawsuit with Qualcomm relating to the technology.
· The move marks the first big strategy change by new Intel CEO Bob Swan, who took the reins...

You are here

Recent related videos from verified sources

Is It Better to Invest in Tech Unicorns Before They Go Public? ICYMI 03:10
Credit: The Street - Published 5 days ago 

Jim Cramer: Qualcomm's Ending its Dispute With Apple 00:32
Credit: The Street - Published 5 days ago 

Uber Investor's: What to Learn From Lyft's IPO 03:18
Credit: The Street - Published 2 weeks ago 

Recent related news from verified sources

Intel Corp. is killing its 5G smartphone modem chip, following Apple Inc.’s surprise decision Tuesday to settle its multibillion-dollar lawsuit and sign a...
5 days ago • bizjournals

You might like