Intel quitting 5G and LTE connected PC WWAN business

Intel is exiting the LTE and 5G WWAN business as part of its IDM 2.0 strategy, but has downplayed the impact of this move, stating that it is working with partners to ensure customers can still access related products. Intel clarified that the decision will not affect its other businesses and that it is working to ensure a seamless transition for its partners and customers. The company plans to prioritize investments related to increasing its own manufacturing capabilities. Analysts noted that MediaTek, which manufactures the modems, will continue efforts in the market.