Intel recently announced that it will no longer be manufacturing 5G smartphone modems. This move comes after Apple and Qualcomm announced an end to the legal saga concerning royalties between them. Apple, who had been attempting to quash Qualcomm attempts to increase the amount of royalty the company charged to use its tech, had been using Intel as a replacement in its mobile devices.
According to Intel, it will “complete an assessment of the opportunities for 4G and 5G modems in PCs, internet of things devices and other data-centric devices,” while pursuing investment opportunities in its 5G network infrastructure business.
“5G continues to be a strategic priority across Intel, and our team has developed a valuable portfolio of wireless products and intellectual property,”
“We are assessing our options to realize the value we have created, including the opportunities in a wide variety of data-centric platforms and devices in a 5G world.”
According to CEO Bob Swan, the company said it would meet commitments to customers for its existing 4G smartphone modem product line, though it has no plans to launch 5G smartphone modem products, including those previously set to premiere in 2020.