FILE PHOTO: An Intel logo is seen at the company's offices in Petah Tikva, near Tel Aviv, Israel October 24, 2011. REUTERS/Nir Elias/File Photo
Intel Corp, whose products dominate the world of computing, said it’s going to wind down a multibillion-dollar, multi-decade effort to grab a viable stake of the mobile phone industry.
After its one significant customer, Apple Inc, said it will return to using Qualcomm Inc chips, Intel announced April 16 it will exit the 5G smartphone business and complete an assessment of the opportunities for existing chips and fifth-generation modems in personal computers.
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