Intel this afternoon announced plans to exit the 5G smartphone modem business to instead focus on opportunities for 4G and 5G modems in PCs, internet of things devices, and other data-centric devices.

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Intel Corporation today announced its intention to exit the 5G smartphone modem business and complete an assessment of the opportunities for 4G and 5G modems in ...

SAN FRANCISCO (AP) - Apple is paying Intel $1 billion for the chip maker's smartphone modem division in a deal driven by the upcoming transition to the next generation of wireless technology. The ...

Apple Inc. said Thursday it will buy Intel Corp.’s smartphone-modem chip business in a $1 billion deal, a move that would jump-start the iPhone maker’s push to take control of developing the critical ...