Intel Corp chief executive officer Pat Gelsinger is on the move visiting customers and suppliers in Asia in an attempt to shake up an industry that has fallen victim to a global pandemic and geopolitical ructions.
Gelsinger is traveling to Taiwan, Japan and India, a person familiar with his itinerary said.
As part of the trip, he is to meet with Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s foremost contract chipmaker, which now counts Intel as a client, the person said.
Photo: AFP
The company is not expected to make any significant announcements during the trip.
In addition to TSMC, Intel has other key suppliers in Taiwan and Japan. The company depends on Tokyo Electron for chipmaking equipment, while it relies on Ibiden Co and Unimicron Technology Corp (欣興電子) for Ajinomoto build-up film substrates, materials required for the packaging process.
The leader of the Santa Clara, California-based chipmaker has had a busy first year in charge of the company, tasked with turning back a tide of competition that has weighed on its stock price and earnings.
Gelsinger announced two major chip manufacturing hubs, one in Ohio and another in Germany.
He has called for greater investment from North America and Europe to expand chipmaking capacity in their regions, and make a supply chain largely concentrated in Asia more resilient.
Pointing to the chip crunch that has left industries from automaking to smartphones short of crucial components, Gelsinger has urged governments to “not waste this crisis” as it is a matter of national security, as well as good economics.
“Intel CEO Pat Gelsinger and other members of the Intel team will be increasing local engagements with employees, customers, partners, suppliers and other key stakeholders in various regions around the world,” an Intel representative said. “These engagements are vital as we and others in the industry work together to drive innovation and restore balance and resilience to the global supply chain.”
Shiina Ito has had fewer Chinese customers at her Tokyo jewelry shop since Beijing issued a travel warning in the wake of a diplomatic spat, but she said she was not concerned. A souring of Tokyo-Beijing relations this month, following remarks by Japanese Prime Minister Sanae Takaichi about Taiwan, has fueled concerns about the impact on the ritzy boutiques, noodle joints and hotels where holidaymakers spend their cash. However, businesses in Tokyo largely shrugged off any anxiety. “Since there are fewer Chinese customers, it’s become a bit easier for Japanese shoppers to visit, so our sales haven’t really dropped,” Ito
The number of Taiwanese working in the US rose to a record high of 137,000 last year, driven largely by Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) rapid overseas expansion, according to government data released yesterday. A total of 666,000 Taiwanese nationals were employed abroad last year, an increase of 45,000 from 2023 and the highest level since the COVID-19 pandemic, data from the Directorate-General of Budget, Accounting and Statistics (DGBAS) showed. Overseas employment had steadily increased between 2009 and 2019, peaking at 739,000, before plunging to 319,000 in 2021 amid US-China trade tensions, global supply chain shifts, reshoring by Taiwanese companies and
Taiwan Semiconductor Manufacturing Co (TSMC) Chairman C.C. Wei (魏哲家) and the company’s former chairman, Mark Liu (劉德音), both received the Robert N. Noyce Award -- the semiconductor industry’s highest honor -- in San Jose, California, on Thursday (local time). Speaking at the award event, Liu, who retired last year, expressed gratitude to his wife, his dissertation advisor at the University of California, Berkeley, his supervisors at AT&T Bell Laboratories -- where he worked on optical fiber communication systems before joining TSMC, TSMC partners, and industry colleagues. Liu said that working alongside TSMC
TECHNOLOGY DAY: The Taiwanese firm is also setting up a joint venture with Alphabet Inc on robots and plans to establish a firm in Japan to produce Model A EVs Manufacturing giant Hon Hai Precision Industry Co (鴻海精密) yesterday announced a collaboration with ChatGPT developer OpenAI to build next-generation artificial intelligence (AI) infrastructure and strengthen its local supply chain in the US to accelerate the deployment of advanced AI systems. Building such an infrastructure in the US is crucial for strengthening local supply chains and supporting the US in maintaining its leading position in the AI domain, Hon Hai said in a statement. Through the collaboration, OpenAI would share its insights into emerging hardware needs in the AI industry with Hon Hai to support the company’s design and development work, as well
RSS