Learn to distinguish war(s) from battle(s)
My 35 years of experience in computing tells me this is yet another battle that may be lost, but is probably just a strategic retreat. How do I know - follow the money. Who has it to spend, and who doesn't? The big players will continue to be big because they know how to stay big - with both talent and cash. If Intel can't build an internal mobile chip, then they can buy someone that does. Failure for these guys is an acceptable and manageable risk. Just like the startups, the big guys can have failures that they learn from and keep growing. Too soon to bury anyone in this war.