The Clap
Intel is set to start producing chips for Taiwan’s MediaTek, one of the world’s largest chip design firms.
The Deets
The deal is one of the most significant deals Intel has announced since it launched its foundry business early last year.
This deal with MediaTek show’s that Intel is on the right growth path. The partnership shows faith in Intel and also gives Intel a major customer in this market.
Intel has not given any financial details. However, the first products would be manufactured in the next 18 to 24 months.
What is a foundry?
A foundry business builds chips that other companies design. It was launched by Intel early last year and has since signed deals with Amazon and Qualcomm.
Intel beefing up production by producing for others 🏭
