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Intel says it will continue supplying 4G modems, likely including 2019 iPhones

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<p><strong>Update</strong>: In an interview with The WSJ (https://www.wsj.com/articles/intel-trims-financial-forecast-for-year-11556225435?shareToken=st0ff9b7d654534cf68512aa66d791eae8), Intel’s Bob Swan says the Apple vs Qualcomm settlement led to Intel’s exit from the 5G market, not vice versa:</p>

<p>“In light of the announcement of Apple and Qualcomm, we assessed the prospects for us to make money while delivering this technology for smartphones and concluded at the time that we just didn’t see a path,” Mr. Swan said.</p>

<p>It’s been an eventful two weeks for the smartphone modem business. Apple and Qualcomm reached a surprise settlement and Intel subsequently left the 5G smartphone modem business. Now, Intel says that it still plans to supply 4G modems through this year – likely including the 2019 iPhones.</p>
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