Intel says it is exiting the 5G smartphone modem business as "it has become apparent that there is no clear path to profitability and positive returns" (Intel Newsroom)

Intel Newsroom:
Intel says it is exiting the 5G smartphone modem business as “it has become apparent that there is no clear path to profitability and positive returns”  —  Intel Corporation today announced its intention to exit the 5G smartphone modem business and complete an assessment …