Thread regarding Intel Corp. layoffs

Intel exiting modem chip business; layoffs next?

Intel Corp, which had been Apple’s sole iPhone chip supplier for the past year amid intensifying conflict with Qualcomm, said hours after the settlement was announced that it would exit the modem chip business.

After hiring hundreds of people from across the world to work on the modem business, now what? What would happen to them? What about 5G?

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