Intel admits Apple-Qualcomm settlement influenced its decision to drop 5G

Earlier this month, Intel suddenly announced it would stop work on mobile 5G modems in the immediate aftermath of Apple's settlement with Qualcomm. Intel had been working on 5G tech for Apple, so it wasn't hard to figure out why they decided to stop as soon as Apple and Qualcomm decided to work together again.

Still, at the time, Intel didn't explicitly name the legal settlement as a reason for getting out of the mobile 5G game. CEO Bob Swan gestured at a lack of "profitability" for the decision instead. In an interview with the Wall Street Journal this week, Swan took a slightly different course and flatly admitted the settlement influenced its exit from mobile 5G development. Read more...