From ExtremeTech: A wise gambler once said, "You've gotta know when to hold 'em, know when to fold 'em." It's good advice for life in general, and Apple is now rumored to be following this strategy with its ill-fated 5G modem project. The company has reportedly cancelled it after years of being unable to bring it to the market—proving that despite Apple's prodigious brain trust and bottomless pockets, some engineering feats are still a bridge too far for the almost $3 trillion company.
Reports of Apple abandoning the 5G modem are coming from unverified sources in its supply chain, according to MacRumors. The sources are located in China and Japan and said the company is winding down the project, which it has been working on since at least 2019. One of the sources reported that Apple had begun "liquidating" assets related to the project, which includes both hardware and the employees working on it. We assume that means they were moved to other projects. It was previously reported that Apple has been struggling to make a 5G modem for years, according to a report based on people who had worked on the project. The company might have realized it was a fool's errand and cut its losses.
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