Intel exits 5G handset market as Qualcomm and Apple make peace

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In a surprise move, Apple and Qualcomm finally agreed to end their long-term beef, and sign a six-year license agreement deal. Apple will also pay an undisclosed amount to the chipmaker as part of the settlement. Hours after this announcement, Intel said that it’s exiting mobile 5G modem market, paving way for a Qualcomm–modem powered iPhone in the future: Intel Corporation today announced its intention to exit the 5G smartphone modem business and complete an assessment of the opportunities for 4G and 5G modems in PCs, internet of things devices and other data-centric devices. Before we discuss what this means for…

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