Intel is set to quit its LTE PC and 5G businesses and unlike before, the company says that this time around they mean business.
Intel Is Set To Quit Its LTE PC And 5G Businesses
Tech Company Intel is now ready to pull the plug on its 5G business according to various sources. And according to the reports, the firm will not just quit its 5G business, but however will also quit its entire WWAN business in the next couple of years. And from what we have heard so far, 5G is just the first step on the planned journey.
If the company will be calling it quits on these businesses, what will they be doing with all of the extra resources, you may ask. Well, it is that they may be working on their Integrated Device manufacturing (IDM) 2.0 strategies.
Intel’s Statement in Regard to the New Development
“As we continue to prioritize investments in our IDM 2.0 strategy, we have made the difficult decision to exit our WWAN client business for both LTE and 5G,” the company in a statement issued to More than Moore stated.
“We are working with our partners and customers to facilitate a seamless transition to support their ongoing business and ensure our customers continue to have solutions for the connected PC segment,” Intel further added.
“Moving forward, we remain committed to working to enable the industry to deliver great solutions to market and make sure those solutions work great on Intel-based platforms.”
Intel Sold its 5G Modem Business to Apple Three Years Ago
Intel three years ago announced selling its 5G modem business to Apple, claiming that it wasn’t profitable. And soon afterward, the company partnered up with MediaTek to build 5G modems for both laptops and PC computers. The first products from the collaboration hit the shelves in 2021, but it seems these devices will be shortlived, as well.
Intel’s Partnership with Fibocom for 4G LTE Modems
As for 4G tech, on the other hand, Intel’s partner for 4G LTE modems was a company known as Fibocom.
And right now, it seems as if the plan of Intel is to hand over the 4G/5G tech to these two companies in question so that they can continue developing and supporting it. Intel will very much likely exit the 5G market entirely by July of this year, and the whole WWAN business by the year 2025. That is when the last 4G products could be reportedly shipped.
The other connectivity efforts of the company such as Bluetooth, Wi-Fi, and thunderbolt will continue their business as usual.
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