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Tag: Intel

Ericsson Plans to Invest in Intel NEX Spin off Business

According to sources familiar with the matter, Ericsson is in talks to invest in Intel’s Network and Edge (NEX) business. This department produces 5G chips based on x86 architecture, and Intel will maintain its anchor investor status after announcing the spin off. Several analysts have told Fierce Network that Ericsson is not the only vendor … Continued

Can Intel’s Hotard Lead Nokia into a New Era of Communication?

Nokia recently announced a significant leadership change, with current President and CEO Pekka Lundmark stepping down on March 31, and Justin Hotard, head of Intel’s Data Centers and Artificial Intelligence division, taking over on April 1. This personnel change not only marks an important step in Nokia’s strategic transformation, but also triggers many speculations in … Continued

Intel Capital Invests Nearly 100 Million in DS Techno

Intel Capital recently invested approximately KRW 18 billion (approximately RMB 96.022 million) in South Korean semiconductor equipment component supplier DS Techno, becoming a new strategic shareholder of DS Techno. Previously in 2022, DS Techno also received investment from Samsung Electronics. In order to become the world’s second largest wafer foundry after TSMC by 2030, Intel … Continued

Intel Announces Spin off of Chip Foundry Business

Intel’s overall situation has been decided. Its CEO Pat Gelsinger announced in a statement that the company has adjusted its chip foundry business layout and won an important customer in order to turn losses into profits. Specifically, Intel will spin off its chip foundry division into an independent subsidiary and add an operations board. According … Continued