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5G networks

Intel to exit 5G smartphone modem business

US company sees 'no clear path to profitability and positive returns,' says CEO

With the dispute between Apple and Qualcomm over, Intel will stop development of modems for 5G smartphones.

TOKYO -- U.S. chipmaker Intel will pull the plug on development of its fifth generation, or 5G, smartphone modem business, the company said on Tuesday.

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