Apple decision forces Intel to auction its smartphone modem patents

Intel confirmed plans to exit the smartphone business a few months ago, but news about the auction of its smartphone modem assets emerged only today. The announcement follows Apple's decision to buy 5G smartphone modems from Qualcomm rather than Intel.

Although the US company said it will continue to produce 4G smartphone modems and honor all orders, it will no longer invest in 5G modem product line following the announcement. Instead, Intel will shift focus on its 5G network business, which is expected to grow in the coming years.

According to a new report from IAM, Intel has ...