File picture: Reuters
As more car companies are powered by technology, Intel is planning to supply the industry with chips. The world-renowned chip manufacturer is set to start making in-demand semiconductors for car companies within six to nine months.
According to media reports, Chief Executive Officer Pat Gelsinger said the company is talking to companies that design chips for automakers about manufacturing those chips inside Intel’s factory network, with the goal of producing chips within six to nine months. Gelsinger earlier on Monday met with White House officials to discuss the semiconductor supply chain.
“We’re hoping that some of these things can be alleviated, not requiring a three- or four-year factory build, but maybe six months of new products being certified on some of our existing processes. We’ve begun those engagements already with some of the key components suppliers,” said Gelsinger
The company last month said it would open its factories up to outside customers and build factories in the United States and Europe in a bid to counter the dominance of Asian chip manufacturers such as Taiwan Semiconductor Manufacturing Co and Samsung Electronics Co Ltd .
Gelsinger said on Monday that he told White House officials during the meeting that Intel will open its existing factory network to auto chip companies to provide more immediate help with a shortage that has disrupted assembly lines at Ford Motor Co and General Motors Co .
Although Gelsinger has not disclosed the component suppliers, he said that the work could take place at Intel’s factories in Oregon, Arizona, New Mexico, Israel or Ireland.
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