Intel Corp on Wednesday said its chip contract manufacturing division will work with U.K.-based chip designer Arm Ltd to ensure that mobile phone chips and other products that use Arm's technology can be made in Intel's factories.
Intel's turnaround strategy hinges in part on opening up its factories to other chip companies, particularly those in mobile phones. It has said firms such as Qualcomm Inc"There is growing demand for computing power driven by the digitization of everything, but until now ... customers have had limited options for designing around the most advanced mobile technology," Pat Gelsinger, Intel's chief executive, said in a statement.
The partnership announced Wednesday is aimed at putting Intel on equal footing with TSMC and South Korea's Samsung Electronics Co LtdReporting by Stephen Nellis in San Francisco; Editing by Christopher Cushing
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