Resignation of ‘New Foundry Division Head at Intel’ – Computers – News

Randhir Thakur, President of Intel’s plumbing services division, has resigned. This is evident from the internal email seen by the log. Thakur wants to “seize other opportunities”. Intel Foundry Services should eventually produce chips for other companies.

Technology website The Register Read an email from Pat Gelsinger, CEO of IntelAnnouncing Thakur’s departure to the company’s employees. An Intel spokesperson confirmed the departure to the news site. Thakur will continue to work at IFS until the first quarter of 2023, Writes the log.

The company will soon announce a successor, Gelsinger informs the company’s employees. According to Gelsinger, Thakur will be leaving because he wants to take “other opportunities,” but the CEO wouldn’t elaborate further. The Register wrote that Thakur was involved in winning “key customers in the market segments” of mobile phones and cars. The manufacturer confirmed this earlier, among other things Qualcomm And the Media Tech You want Intel chips for the long term.

Intel Foundry Services It was announced early last year As part of Intel’s new IDM 2.0 strategy. With this, the company no longer only wanted to produce chips for itself, but also wanted to act as an outside foundry for other companies. The US chipmaker wants to compete with Asian market leaders TSMC and Samsung. To this end, the company is building new chip plants, among other things in the US state of ArizonaAnd the Ohio And the German city of Magdeburg. a company It also acquired chip maker Tower Semiconductorwhich focuses on specialized semiconductors, eg for automotive chips, photo sensors, and power management chips silicon photonics on old processes.

However, IFS is currently still in the start-up phase. Last quarter, the business division accounted for $171 million in revenue, which is about 1.1 percent of Intel’s total revenue. Gelsinger said in his email that the company is currently developing 35 test chips for customers.