Intel To Auction Off Its Smartphone Modem Portfolio
Earlier this year, Intel announced that it was leaving the smartphone modem business due to profitability concerns. Now, the company is set to auction off its portfolio of patents and IP related to smartphone modem technologies. IAM reports that Intel is looking to divest around 8,500 assets from its patent portfolio. The auction will consist of two primary parts, including Intel’s cellular portfolio and its connected device portfolio: What’s important to note here is that this auction is different than Intel’s attempts to sell its modem business, though it’s possible that one buyer could purchase both....