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Intel will have a new CEO to decide whether to involve TSMC or Samsung for the production of chips
fifteen.01.2021 [13:51],
Alexey Razin

Intel will report fourth quarter results next Thursday, but next week’s top news should have been a statement from the company’s management to expand its use of contractors’ technology capabilities. The new CEO can directly participate in the discussion of this issue.

Image source: The Oregonian

Intel’s announcement of the CEO change was expected in its content, but did not quite fit into the schedule of official events. It became known this week that Patrick Gelsinger, who has many years of experience at Intel, including five years as the company’s CTO, will take over as CEO of the corporation from February 15th. According to The Oregonian, the current head of Intel, Robert Swan, spoke to the company’s employees, stating the need to coordinate all decisions on the use of outsourcing with the future CEO of the company. In any scenario, as Swan emphasized, a decision will be made as soon as possible.

Thus, next week Intel may not yet be ready to discuss the issues of attracting contractors to the release of advanced components of the brand, since the new leader may have his own opinion on this matter. Gelsinger has already reached out to Intel employees, citing Apple’s recent move away from Intel’s processors: “We need to supply the PC ecosystem with the very best products a Cupertino-based company can imagine. We must be that good in the future. “.

Intel officials declined to comment on the agenda of the upcoming reporting conference and possible changes in it. Industry analysts believe that the company will not be able to postpone the decision on outsourcing either, since its own technological capabilities are far from the best shape, and they will take several years to recover. Any delay will only exacerbate Intel’s lag behind the competition.

In his address to the company’s employees, Gelsinger made it clear that he would save the resources necessary for the development and production of semiconductor components in-house. This potential, he said, needs to be skillfully managed, and then Intel can regain its status as an industry leader. Intel enterprises, as Gelsinger emphasizes, are its “strength and soul”, and only need “easy reconfiguration”.