will produce chips for Taiwan’s MediaTek, one of the world’s largest chip design firms.
A foundry builds chips that other companies design; Taiwan’s TSMC is the top player in the space. Intel has mainly built chips it designed itself. “That’s a pretty big deal for us to engage a customer from Taiwan and them betting on us to grow and try this. And so this is a major anchor customer win,” said Randhir Thakur, president of Intel Foundry Services.
“When you go into a foundry, you’re putting at risk about two years of work,” said Hutcheson about the risk for chip design firms like MediaTek. “If something happens and the foundry can’t pull it off, you’ve lost that design window in that market window.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: KickOffMagazine - 🏆 36. / 51 Read more »