Slowing iPhone sales have seemingly impacted another major tech industry player, as Intel on Thursday blamed lower-than-expected revenue for the fourth quarter of 2018 in part on weak modem demand. Intel 5G modem. Outlined in an earnings presentation ( PDF link ), Intel reported revenue of $18.7 billion for the quarter ending in December. Specifically, modem revenue was around $200 million less than anticipated.A large chunk of Intel's modem revenue is derived from iPhone. With Qualcomm out of the loop due to a legal struggle over patents and licensing, Apple relies solely on Intel to provide modems for iPhone XS, XS Max and XR models.
Apple iPhone modem supplier Intel cites weak demand in Q4 earnings miss
collected by :Clara William
Slowing iPhone sales have seemingly impacted another major tech industry player, as Intel on Thursday blamed lower-than-expected revenue for the fourth quarter of 2018 in part on weak modem demand. Intel 5G modem. Outlined in an earnings presentation ( PDF link ), Intel reported revenue of $18.7 billion for the quarter ending in December. Specifically, modem revenue was around $200 million less than anticipated.A large chunk of Intel's modem revenue is derived from iPhone. With Qualcomm out of the loop due to a legal struggle over patents and licensing, Apple relies solely on Intel to provide modems for iPhone XS, XS Max and XR models.
Slowing iPhone sales have seemingly impacted another major tech industry player, as Intel on Thursday blamed lower-than-expected revenue for the fourth quarter of 2018 in part on weak modem demand. Intel 5G modem. Outlined in an earnings presentation ( PDF link ), Intel reported revenue of $18.7 billion for the quarter ending in December. Specifically, modem revenue was around $200 million less than anticipated.A large chunk of Intel's modem revenue is derived from iPhone. With Qualcomm out of the loop due to a legal struggle over patents and licensing, Apple relies solely on Intel to provide modems for iPhone XS, XS Max and XR models.
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