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(Reuters) - Intel Corp executives said on Friday its 5G modem chips will not appear in mobile phones until 2020, raising the possibility its biggest customer, Apple Inc, will be more than a year behind rivals in delivering a device that uses the faster networks. Sandra Rivera, who oversees Intel’s networking chip business, said at a media event in Palo Alto, California, that sample 5G modem chips will ship to customers this year but that Intel does not expect consumer “products in the market” until 2020.
Intel has said its 5G modem chip will be available later this year, but it jacksonville jaguars black cufflinks never indicated when it believed products will arrive for consumers, Rivera said non-consumer 5G products, such as networking gear, will appear later this year, It was unclear whether Intel’s timing on modem chips means that Apple will not have an iPhone with 5G capabilities in 2019, Bloomberg previously reported that Apple would not have a 5G iPhone ready until 2020, Apple executives have held talks with Samsung Electronics Co Ltd and MediaTek Inc over 5G modem chips for iPhones to be released this year, but the outcome of those talks is unknown..
Reuters reported on Feb. 7 that Apple earlier this year moved its modem engineering efforts into the same division that makes its proprietary processor chips. Apple did not immediately respond to a request for comment. While Apple remains Intel’s only major modem chip customer now, Intel Chief Executive Bob Swan said the Santa Clara, California-based chipmaker plans to pursue other lines of business, such as selling modems to carmakers. He also said that modems could appear in a range of other devices, such as network gear, alongside Intel’s computing chips as 5G networks proliferate. But Intel executives declined to comment on whether Intel would combine its modem and processors into a single chip the way that rivals such as San Diego-based Qualcomm Inc have done.
Swan said Intel did not plan to generate patent licensing revenue from jacksonville jaguars black cufflinks its 5G technology like its Southern California competitor does, “Our model relative to other California-based players is just completely different,” Swan said, “Ours is not a licensing based model, “Royalty streams that are charged against the cost of the entire device, that’s a model that as you know has caused quite a bit of friction in the market,” Swan continued, alluding to Qualcomm’s legal battles with Apple and other phone makers over the San Diego firm’s patent practices, “Friction for others is opportunity for us.”..
WASHINGTON (Reuters) - The Federal Reserve’s promise in January to be “patient” about further interest rate hikes, putting a three-year-old process of policy tightening on hold, calmed markets after weeks of turmoil that wiped out trillions of dollars of household wealth. But interviews with more than half a dozen policymakers and others close to the process suggest it also marked a more fundamental shift that could define Chairman Jerome Powell’s tenure as the point where the Fed first fully embraced a world of stubbornly weak inflation, perennially slower growth and permanently lower interest rates.
Along with Powell’s public comments, Fed minutes, and other documents, the picture emerges of a central bank edging towards a period of potentially difficult change as it reviews how to do business in light of that new reality, One question, for example, is whether to make crisis-fighting policies a part of the routine toolkit, Another is whether to try to prepare the public to accept higher inflation from time to time, Policymakers have debated for years how well traditional central banking fits a world transformed by jacksonville jaguars black cufflinks the global financial crisis a decade ago, But it was a brief Oct, 3 remark by Powell that set off the chain of events which helped settle the matter..
“We’re a long way from neutral now, probably,” Powell said at a Washington think-tank event, referring to a level of interest rates that neither cool or boost the economy. Though Powell was effectively summarizing what the Fed had just concluded at its Sept. 25-26 policy meeting, when it raised rates amid stronger than expected U.S. growth, his characterization touched a nerve. Investors dumped stocks and bonds, fearing the Fed aimed to drive rates higher than they felt the economy could withstand.
It was the beginning of weeks of volatility that led the Fed to recalibrate its message, with more than one misstep along the way, In doing so, the central bank went beyond fine-tuning its language or adjusting to changing conditions, Interviews with officials as well as analysis of Fed minutes and policymakers’ public statements suggest the emergence of a long-elusive consensus that interest rates would likely never jacksonville jaguars black cufflinks return to pre-crisis levels, and that once established relationships, such as inflation rising when unemployment fell, no longer worked..