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I know one person who works in that team. Said he was driving to lunch and heard the news that Apple and Qualcomm had reached a deal. So he buys a few Qualcomm
by sriram_sun 7y ago
I know one person who works in that team. Said he was driving to lunch and heard the news that Apple and Qualcomm had reached a deal. So he buys a few Qualcomm shares (he sold them at peak!), gets back to work and then this e-mail shows up saying Intel is getting out of the 5G modem business. I'm paraphrasing here: "The sight of a whole floor of heads popping up from their cubes at the same time... what an experience!"
So everyone there is hoping that Apple buys them out.
- kyrra 7y agoMy bet is that Apple buys Intel's modem parents and hires most of the staff from Intel that was doing modem chips. Apple already has a team that is likely working on this. https://9to5mac.com/2019/04/03/apple-modem-iphone-intel/ https://9to5mac.com/2019/04/03/apple-modem-iphone-intel/
- zelon88 7y agoWhy would Intel sell that though? Selling toast isn't easy when you let the customer borrow your bread and butter. To put it another way, Apple took their ball and went home. No soup for them!
- kevin_thibedeau 7y agoIntel has a track record of selling off assets that end up being valuable in the future.
- godzillabrennus 7y agoBasically Intel is trying to give away their market share like IBM did. FYI - IBM handed Microsoft and Intel a big chunk of market share because who would ever want a personal computer...
- mannykannot 7y ago> IBM handed Microsoft and Intel a big chunk of market share because who would ever want a personal computer... I believe it was because they needed a PC in a hurry. I have heard that Ken Olsen ridiculed the IBM PC for its crude design, but it was the beginning of the end for DEC.
- klodolph 7y ago> I believe it was because they needed a PC in a hurry. That's a much better explanation. They made the entire thing in a year, and 90% of it was made by outside vendors. I think both of these things, long-term, contributed to its success.