Intel says it's exiting the 5G smartphone market, hours after Apple-Qualcomm settlement

Intel says it's exiting the 5G smartphone market, hours after Apple-Qualcomm settlement

6 years ago
Anonymous $9jpehmcKty

https://www.cnbc.com/2019/04/16/intel-announces-plans-to-pull-out-of-5g-smartphone-market.html

Intel said on Tuesday that it's dropping out of the 5G smartphone market just hours after Qualcomm and Apple announced a six-year licensing agreement as part of a royalty settlement.

"The company will continue to meet current customer commitments for its existing 4G smartphone modem product line, but does not expect to launch 5G modem products in the smartphone space, including those originally planned for launches in 2020," Intel said in a statement late Tuesday.