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"In a statement, Chief Executive Bob Swan said that while Intel is excited
about 5G, in the modem business, “it has become apparent that there is no
clear path to profitability and positive returns.” He added that the new
generation of wireless technology remains a strategic priority, and that
Intel is “assessing our options to realize the value we have created” in
5G, including opportunities with other devices and platforms.
Intel could sell the business, although it isn’t clear who would buy it,
said Srini Pajjuri, an analyst at Macquarie Research. Without a customer
like Apple in place and with regulatory scrutiny of any transaction, the
proposition may not look attractive.
“They could look to sell, but I don’t know if there are many buyers out
there,” he said."
about 5G, in the modem business, “it has become apparent that there is no
clear path to profitability and positive returns.” He added that the new
generation of wireless technology remains a strategic priority, and that
Intel is “assessing our options to realize the value we have created” in
5G, including opportunities with other devices and platforms.
Intel could sell the business, although it isn’t clear who would buy it,
said Srini Pajjuri, an analyst at Macquarie Research. Without a customer
like Apple in place and with regulatory scrutiny of any transaction, the
proposition may not look attractive.
“They could look to sell, but I don’t know if there are many buyers out
there,” he said."
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