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Intel Corp. Leaves Modem Chip Manufacturing Market for 5G Smartphones, the company said Tuesday, a few hours after its main rival, Qualcomm Inc., settled a multi-year legal dispute with Apple Inc.
Intel said it would not launch 5G modem products that should come out next year, but instead would evaluate the opportunities offered by 4G and 5G modems on personal computers and Internet devices.
While…
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