Intel and Broadcom have both suffered major mobile setbacks in the past year. Intel finally had to admit defeat in its serial attempts to become a powerhouse in handsets. Having abandoned its mobile processor and system-on-chip efforts in 2016, Intel then bowed out of the handset modem segment too, when Apple rejected its 5G chip and made peace with Qualcomm (and subsequently acquired those Intel modem assets). Broadcom, meanwhile, had bought and then shut down Renesas’s modem activities in 2013-14, and then tried to acquire Qualcomm, a deal which was blocked by the US government earlier this year. But failure in handsets does not mean these two chip giants will not see growth driven by 5G. As 5G networks move…