Randhir Thakur to head newly created foundry business for Intel

Intel has named India-born semiconductor industry veteran Randhir Thakur to lead its newly formed foundry business, according to ET report.

The company has announced its plans to become a major provider of US and Europe-based foundry capacity ‘to serve the incredible global demand for semiconductor manufacturing’.

“To deliver this vision, Intel is establishing a new standalone business unit, Intel Foundry Services (IFS), led by semiconductor industry veteran Randhir Thakur, who will report directly to chief executive officer Pat Gelsinger,” said the company in a press release.

Intel said the IFS unit would be differentiated from other foundry offerings with a combination of leading-edge process technology and packaging, committed capacity in the US and Europe, and a world-class IP portfolio for customers, including x86 cores as well as ARM and RISC-V ecosystem IPs.

The company said it expects to build on its existing relationships with third-party foundries, which today manufacture a range of Intel technology – from communications and connectivity to graphics and chipsets.

+ posts

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.

What's your take on this post ? Comment: