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Intel's announcement relates specifically to the "modem" components, which are used to link mobile devices to telecommunications networks and were at the center of the legal dispute between Qualcomm and Apple.
Intel will also study the "opportunities" for 4G and 5G modem chips in PCs, connected objects and other devices managing data and "will continue to invest in its activities in the infrastructure of 5G networks", wrote the group in a statement.
"The 5G is still a strategic priority for Intel" but "in smart phones, it has become clear that there is no clear path to profitability," said boss Bob Swan, quoted in the statement.
Intel "will provide customer orders for its 4G modem but does not plan to launch 5G modems for smartphones, including those planned for 2020," wrote Intel.
5G is the new ultra fast mobile internet being deployed. It requires both new terminals equipped with 5G chips and specific network infrastructures.
In conflict with Qualcomm for more than two years, Apple had turned to Intel. Qualcomm and Apple ended their legal battle Tuesday by sealing a multi-year component supply agreement.
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