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Apple-Qualcomm Settlement Made Intel Exit 5G Race: Report

The company expects full-year revenue of $69 billion, down from the January guidance

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Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, Aug. 1, 2018. VOA

Chip making giant Intel has confirmed the “surprise” settlement between Qualcomm and Apple pushed it to exit the mobile 5G race, The Wall Street Journal has reported.

“In light of the announcement of Apple and Qualcomm, we assessed the prospects for us to make money while delivering this technology for smartphones and concluded at the time that we just didn’t see a path,” Bob Swan, CEO of Intel was quoted as saying by The WSJ late on Thursday.

The processor manufacturing giant on April 16 said it plans to cease working on modems for 5G, the next-generation of wireless technology expected to supercharge mobile connections.

The news that Intel had exited the 5G modem business came barely hours after the Qualcomm-Apple agreement was announced.

However, it wasn’t clear whether Apple and Qualcomm had made up due to the fact that Intel had pulled out of the 5G race.

Apple, Campus, China
A customer is entering the Apple store in Fairfax, Virginia. VOA

Intel had been working on a chipset for the iPhone maker, with the chip expected to be in iPhones by 2020.

The chip maker’s stock plunged nearly seven per cent on slashed revenue forecast for the full year and a flat first-quarter revenue at $16.1 billion.

Its data-centric revenue declined five per cent while PC-centric revenue grew four per cent in the first quarter of 2019, the chip-maker said in a statement on Thursday.

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Net income was $4 billion — down from the same quarter last year which reported $4.5 billion.

The company expects full-year revenue of $69 billion, down from the January guidance. (IANS)

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Apple to Substitute Watch Series 3 Repairs with Series 4: Report

Earlier this month, Apple confirmed that repairs of certain Apple Watch Series 2 models will be fulfilled with equivalent Series 3 models due to temporary shortages of unspecified Series 2 parts

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apple watch
Apple is saying goodbye to "Time Travel" Pixabay

Running low on inventory for the older model, Apple has informed its retail staff to substitute some Apple Watch Series 3 repairs with the Series 4 globally, the media reported.

The company announced the change in an internal memo that was delivered to Apple Store repair staff and the iPhone maker’s Authorized Service Providers around the world, 9To5Mac reported on Monday.

As of now, Apple has not provided any details about how long would the Series 3 constraints and Series 4 upgrades scheme last.

The new repair and replacement upgrade for the Apple Watch is the latest of several instances of the company substituting Apple Watch repairs with newer models.

The iPhone-maker released its Apple Watch Series 3 with cellular connectivity built in 2017. The 38mm variant of the watch currently costs Rs 28,900, while the 42mm GPS variant is priced at Rs 31,900 in India.

Apple Watch
Apple watch series 4.

Launched last October, the price of Apple Watch Series 4 GPS is Rs 40,900 for the 40mm variant and Rs 43,900 for the 44mm version.

“As usual, it’s not guaranteed that all locations will acknowledge existence of this internal policy, especially given that there is no definitive end date, so your mileage may vary,” the report said.

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In January, the company announced that some first-generation Apple Watches and Apple Watch Series 1 could qualify for Series 2 replacements, due to supply constraints on repair parts for the older models.

Earlier this month, Apple confirmed that repairs of certain Apple Watch Series 2 models will be fulfilled with equivalent Series 3 models due to temporary shortages of unspecified Series 2 parts, the report added. (IANS)