The deal between apple and qualcomm canceled intel's 5g modem plans

A little over a week ago, Apple and Qualcomm finally signed the peace. Due to said agreement, the Cupertino firm will make use of the company's 5G modems. This announcement caught many by surprise. A couple of days later, Intel announced that its 5G modem project was being canceled. Many linked this announcement to the agreement of their competitors, something that is confirmed now.

The agreement between Apple and Qualcomm canceled Intel's 5G modem plans

Intel originally announced that they saw no profitability on this project. So there was no point in staying in it for them. So they made this decision to leave.

Intel's decision

Although there are already several media that claim that it is the agreement between Apple and Qualcomm that has caused Intel to finally throw in the towel in this regard. Since they know that due to this agreement they do not have much chance of staying in this market segment. Something that could end up generating millions in losses for the company.

Since Intel was also introduced in this segment with Apple as the main customer or as the main asset to have good sales and benefits in it. But his plans have not gone as expected.

While they are still going to supply the Cupertino company with a 4G modem for their iPhones, as confirmed. A business in which the company seems to bring you benefits and for now they will continue doing. Although it is expected that they will continue investing in 5G.

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