Intel and MediaTek Form Foundry Partnership
July 25 2022 - 5:30AM
Business Wire
MediaTek will use Intel Foundry Services to
manufacture new chips for a range of smart edge devices.
Intel and MediaTek today announced a strategic partnership to
manufacture chips using Intel Foundry Services’ (IFS) advanced
process technologies. The agreement is designed to help MediaTek
build a more balanced, resilient supply chain through the addition
of a new foundry partner with significant capacity in the United
States and Europe.
MediaTek plans to use Intel process technologies to manufacture
multiple chips for a range of smart edge devices. IFS offers a
broad manufacturing platform with technologies optimized for high
performance, low power and always-on connectivity built on a
roadmap that spans production-proven three-dimensional FinFET
transistors to next-generation breakthroughs.
“As one of the world’s leading fabless chip designers powering
more than 2 billion devices a year, MediaTek is a terrific partner
for IFS as we enter our next phase of growth,” said IFS President
Randhir Thakur. “We have the right combination of advanced process
technology and geographically diverse capacity to help MediaTek
deliver the next billion connected devices across a range of
applications.”
NS Tsai, corporate senior vice president of Platform Technology
& Manufacturing Operations at MediaTek, said, “MediaTek has
long adopted a multi-sourcing strategy. We have an existing 5G data
card business partnership with Intel, and now extend our
relationship to manufacturing smart edge devices through Intel
Foundry Services. With its commitment to major capacity expansions,
IFS provides value to MediaTek as we seek to create a more
diversified supply chain. We look forward to building a long-term
partnership to serve the fast-growing demand for our products from
customers across the globe.”
IFS was established in 2021 to help meet the surging global
demand for advanced semiconductor manufacturing capacity. IFS is
differentiated from other foundry offerings with a combination of
leading-edge process and packaging technology, a world-class IP
portfolio, and committed capacity in the United States and Europe.
IFS customers will reap the benefits of Intel’s recently announced
factory expansions at existing sites, as well as plans for major
new investments in greenfield sites in Ohio and Germany.
About Intel
Intel (Nasdaq: INTC) is an industry leader, creating
world-changing technology that enables global progress and enriches
lives. Inspired by Moore’s Law, we continuously work to advance the
design and manufacturing of semiconductors to help address our
customers’ greatest challenges. By embedding intelligence in the
cloud, network, edge and every kind of computing device, we unleash
the potential of data to transform business and society for the
better. To learn more about Intel’s innovations, go to
newsroom.intel.com and intel.com.
© Intel Corporation. Intel, the Intel logo and other Intel marks
are trademarks of Intel Corporation or its subsidiaries. Other
names and brands may be claimed as the property of others.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220725005163/en/
Jason Gorss 1-518-698-7765 jason.gorss@intel.com
Intel (NASDAQ:INTC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Intel (NASDAQ:INTC)
Historical Stock Chart
From Apr 2023 to Apr 2024