United States  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Intel dropped a bombshell and said it's giving up on the 5G smartphone business: 'There is no clear path to profitability and positive returns' (INTC, AAPL, QCOM)

Business Insider Wednesday, 17 April 2019
Intel dropped a bombshell and said it's giving up on the 5G smartphone business: 'There is no clear path to profitability and positive returns' (INTC, AAPL, QCOM)· Intel will abandon the market for smartphone 5G modem chips, the company said on Tuesday.
· The news came on the same day that Apple, Intel's customer for 5G modem chips, settled a lawsuit with Qualcomm relating to the technology.
· The move marks the first big strategy change by new Intel CEO Bob Swan, who took the reins...
0
shares
ShareTweetSavePostSend
 

Recent related videos from verified sources

To Infinity and BYND? What to Expect From Beyond Meat's Earnings Report [Video]To Infinity and BYND? What to Expect From Beyond Meat's Earnings Report

Beyond Meat , the IPO that caught everyone's attention is reporting earnings after the bell Thursday. The company had the most successful IPO in over two decades after it priced around $25 but its..

Credit: The Street     Duration: 02:03Published

Apple's China Risks Explained -- ICYMI [Video]Apple's China Risks Explained -- ICYMI

Apple now has a million risks in the China region, and they aren't all related. Let's take a step back and untangle some of them. Tariffs President Trump has enacted tariffs of hundreds of billions..

Credit: The Street     Duration: 03:43Published

Uber's IPO Was Way Different Than Most -- A Brief History [Video]Uber's IPO Was Way Different Than Most -- A Brief History

It seems as if Lyft spoiled Uber's party. Uber was aiming for an IPO price of $45 a share by early morning Friday, its IPO day. But the first trade came in at $42. And that traditional first-day pop,..

Credit: The Street     Duration: 03:19Published

You Might Like


Other recent news in Business

Stocks are rising before Fed meets as rate cuts are front and center; HONG KONG shelves its extradition bill, helping sentimentThe Dayton region's largest BUSINESS advocacy groups
BOEING CEO Admits Mistake In 737 MAX CommunicationBelgian dad pleas for help to find son missing in AUSTRALIA
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.