Intel aims to push beyond phones with 5G infrastructure deals

FILE PHOTO: People look over laptops in the Intel booth during the 2019 CES in Las Vegas, Nevada, U.S. January 8, 2019. REUTERS/Steve Marcus - RC1DF27A6770/File Photo

Intel Corp on Feb 25 announced new chips and partnerships that it hopes will persuade its investors that the billions of dollars in research and development that it has poured into 5G networking technology will pay off.

Intel, the world's second-largest chip maker by revenue, got into the wireless data business with its acquisition of German modem maker Infineon in 2011. Its sole major modem customer is Apple Inc, whose iPhones feature Intel modem chips to connect to mobile data networks.