[gvkhna]

Intel also worked on modems for a long time, ultimately abandoning it and selling it to Apple, who has also not been able to bear fruit with that yet. Modems are hard but Intel with their experience could’ve stuck it out and had a competitive modem chip but instead focused on short term profits which have evaporated now. Note I own shares in both companies.

[bgnn]

AFAIK Intel went into modem business with Infineon wireless acquisition at 2015, which was doing fine but dold due to global financial crisis. Intel, as always it does with acquisitions, turned this acquired business into a money pit. They forced all the designs to be ported to Intel fab processes but Intel fabs didn't care about any design business especially a side design (unlike TSMC). Apple leveraged Intel wireless as a bargaining chip against Broadcom and Qualcomm. At the end Apple acqui-hired the people from this unit. I see that Apple is much more serious than Intel to get it done.