re: Embracing ARM wouldn't have gotten Intel a modem or SoC design methodology that they're lacking.
I think Hermann Hauser who helped set up ARM said it well back in 2010:
“The reason why ARM is going to kill the microprocessor is not because Intel will not eventually produce an Atom [Intel's low-power microprocessor] that might be as good as an ARM, but because Intel has the wrong business model,”
Intel could have licenced the ip for the bits it was missing.
What I think we've seen with that meeting is the start of a change to the business model.
do you really think the modem is what's holding Intel back ? Is there any info on where Intel's modem fits in the range of modems in phones that are on the market ? Does iPhone 5s or Samsung Galaxy use more advanced modems than Intel's ? What about the other hundreds of phones ? are the majority ahead of Intel's ?
Not embracing ARM didn't help either. For modem Intel could have gone to QCOM until it had its own competitive solution (or totally leave it to QCOM for ever for modem part). Isn't this what rest of the ARM vendors are doing?