Friday, 24 March, 2023

Intel foundry business signs contract to produce chips for MediaTek

<p>This week, Intel&#39;s continuous effort to regain momentum in the semiconductor manufacturing industry received a wonderful vote of confidence. This is after Intel and Taiwan&#39;s MediaTek entered into a &quot;strategic alliance.&quot; MediaTek, in order to increase its worldwide manufacturing footprint, will now use the Intel Foundry Services process to make future chips. The $52B chip manufacturing subsidy package may also benefit from the agreement.</p>