Analyst: Apple (NASDAQ: AAPL) unlikely to move away from Intel (NASDAQ: INTC) for 5G Tech

Reports surfaced earlier this week that Apple Inc. (NASDAQ: AAPL) is no longer interested in using the Sunny Peak wireless chip from ] Intel Corporation (NASDAQ: INTC) for the range of iPhones in 2020. The chip, intended to provide Bluetooth and Wi-Fi connectivity was supposed to be a central element of the new iPhones; Intel has halted its development since the announcement

Analyst: Intel still strongly positioned

The initial report of the Israeli publication Calcalist that Apple no longer pursues the integration of Intel chips in its first 5G phone has been corrected because the chip in question is not a 5G modem.

"The idea that Apple would abandon its partnership with Intel to pursue a baseband of its own design is absurd," said Edward Snyder of Charter Equity Research in a note on Tuesday. the question in a statement issued shortly after the publication of the Calcalist article. "The commitments and roadmap of Intel's 5G customers have not changed for 2018 to 2020. We remain faithful to our 5G plans and projects," the company said.

As the 5G is expected to proliferate rapidly in the near future, information for Intel investors.

Apple Alternatives

Apple could move the development of chips internally; the company should rely heavily on Intel after its fallout with the former chip maker QUALCOMM, Inc. (NASDAQ: QCOM).

Northland badyst Gus Richard recently predicted that Intel would be supplanted by the Taiwanese manufacturer MediaTek, with the current supplier of Apple Broadcom Inc. (NASDAQ: AVGO) still in the mix.

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Photo published with the kind permission of Apple.