Intel: Foundry business is in oversupply trouble
Peter Clarke, EETimes
2/18/2011 4:22 PM EST
LONDON – The world's leading foundries are facing difficult times due to the creation of too manufacturing capacity, according to Paul Otellini, president and CEO of Intel Corp., the world's leading chip maker.
"I think the foundry business is in big trouble over the next few years," Otellini told analysts at a conference here Thursday (Feb. 17) and accessed by EE Times by a telephone replay. He put it down to "significant overcapacity" mainly due to attempts to grab market share by new player Globalfoundries Inc. (Sunnyvale, Calif.). On Friday in Hillsboro, Oregon, Otellini said Intel would build a wafer fab in Arizona and create 4,000 U.S. jobs in 2011.
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |
Related News
- Intel Surprises with $20B Expansion of Foundry Business
- Sofics joins the Intel Foundry Services (IFS) Accelerator IP Alliance program
- BrainChip Joins Intel Foundry Services to Advance Neuromorphic AI at the Edge
- Intel foundry boss to leave
- Intel signs 7 out of top 10 fabless companies, sees 18A test chip
Breaking News
- IAR Systems fully supports the brand-new Industrial-Grade PX5 RTOS
- Axiomise Accelerates Formal Verification Adoption Across the Industry
- Fluent.ai Offers Embedded Voice Recognition for Cadence Tensilica HiFi 5 DSP-Based True Wireless Stereo Products
- intoPIX to feature TicoXS FIP technology for premium 4K & 8K AVoIP wireless AV at ISE 2023
- Sevya joins TSMC Design Center Alliance
Most Popular
- Weebit Nano nears productisation, negotiating initial customer agreements
- Cadence Quantus FS Solution, a 3D Field Solver, Achieves Certification for Samsung Foundry's SF4, SF3E and SF3 Process Technologies
- Sevya joins TSMC Design Center Alliance
- Avery Design Systems and CoMira Announce Partnership To Enable UCIe-Compliant Chiplet Design
- Open Compute Project Foundation and JEDEC Announce a New Collaboration