Even though the US company said it will continue to produce 4G smartphone modems and honor all orders, it is not going to invest in 5G modem product line following the announcement. In its place, Intel will shift focus on its 5G network business, which is assumed to grow in the coming years

 

Based upon a new report from IAM, Intel has decided to auction all its IP relating to cellular wireless connectivity. There are no less than 8,500 patents that Intel is now looking to sell with the intention to recover some of the resources it invested. The report also states that Intel is introducing this auction separate to its efforts to sell the smartphone modem division, planning that a potential buyer for both will appear.

 

Intel’s failure to meet Apple’s deadlines proved to be fatal for the business in the end, as the Cupertino-based company concluded to make sure it’s got enough 5G modems in 2020. Left without the main client for its smartphone modem division, Intel is pressured to cut its losses and refocus on those businesses that obviously bring much more money.

 

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