Intel Corp yesterday reinforced its determination to strengthen its partnerships with Taiwan’s ecosystem partners including original-electronic-manufacturing (OEM) companies such as Hon Hai Precision Industry Co (鴻海精密) and chipmaker United Microelectronics Corp (UMC, 聯電).
“Tonight marks a new beginning. We renew our new partnership with Taiwan ecosystem,” Intel new chief executive officer Tan Lip-bu (陳立武) said at a dinner with representatives from the company’s local partners, celebrating the 40th anniversary of the US chip giant’s presence in Taiwan.
Tan took the reins at Intel six weeks ago aiming to reform the chipmaker and revive its past glory. This is the first time Tan visited Taiwan as CEO of Intel.
Photo: Bloomberg
“Execution” is the key to reviving Intel, he said.
Tan yesterday reiterated his determination to change the company’s culture by recalibrating on two fronts — building the best products and satisfying customers, which he has done at Cadence Design Systems Inc during his 15-year tenure as president of the company from 2009 to 2021.
To build the right central processing units and right products, Intel has to expand its engineering team, given that it has lost talent over the past few years, Tan said. The company has made progress in recruiting new employees, he said.
In terms of “delighting” customers, Tan said his first priority is to spend time with customers since he joined Intel as he did at Cadence. He said he has visited 1,500 customers during the first month with Cadence and he planned to take a similar approach at Intel.
“I listen to customers. A lot of big customers all want Intel to be strong again. That gave me the motivation to come to work,” Tan said. “You are going to see a new Intel. We are going to be very humble working with you, listen carefully,” Tan said.
Though Intel is facing “a few issues,” the company still holds sizable market share with 85 percent of the PC chip market and 55 percent of data center chip market, Tan said. Intel still can expand and build its strength on top of the solid foundations, he said.
"Give me some time, I will build a world-class technology company,” he said.
“Taiwan ecosystem plays a very important role in Intel’s past and the future success. So we are looking forward to your partnership. I've deeply appreciated your partnership in the last 40 years and I’m looking forward to the next 40 years,” Tan said.
Chairmen of Intel’s local partners — including Hon Hai’s Young Liu (劉揚偉), Asustek Computer Inc’s (華碩) Jonney Shih (施崇棠), Acer Inc’s (宏碁) Jason Chen (陳俊聖) and Mitac Holdings Corp’s (神達控股) Matthew Miao (苗豐強) — appeared in a video expressing their strong partnership with Intel.
ASE Technology Holding Co (日月光投控) chief operating officer Tien Wu (吳田玉) and UMC copresident Jason Wang (王石) were also featured in the video.
When Lika Megreladze was a child, life in her native western Georgian region of Guria revolved around tea. Her mother worked for decades as a scientist at the Soviet Union’s Institute of Tea and Subtropical Crops in the village of Anaseuli, Georgia, perfecting cultivation methods for a Georgian tea industry that supplied the bulk of the vast communist state’s brews. “When I was a child, this was only my mum’s workplace. Only later I realized that it was something big,” she said. Now, the institute lies abandoned. Yellowed papers are strewn around its decaying corridors, and a statue of Soviet founder Vladimir Lenin
ELECTRONICS BOOST: A predicted surge in exports would likely be driven by ICT products, exports of which have soared 84.7 percent from a year earlier, DBS said DBS Bank Ltd (星展銀行) yesterday raised its GDP growth forecast for Taiwan this year to 4 percent from 3 percent, citing robust demand for artificial intelligence (AI)-related exports and accelerated shipment activity, which are expected to offset potential headwinds from US tariffs. “Our GDP growth forecast for 2025 is revised up to 4 percent from 3 percent to reflect front-loaded exports and strong AI demand,” Singapore-based DBS senior economist Ma Tieying (馬鐵英) said in an online briefing. Taiwan’s second-quarter performance beat expectations, with GDP growth likely surpassing 5 percent, driven by a 34.1 percent year-on-year increase in exports, Ma said, citing government
UNIFYING OPPOSITION: Numerous companies have registered complaints over the potential levies, bringing together rival automakers in voicing their reservations US President Donald Trump is readying plans for industry-specific tariffs to kick in alongside his country-by-country duties in two weeks, ramping up his push to reshape the US’ standing in the global trading system by penalizing purchases from abroad. Administration officials could release details of Trump’s planned 50 percent duty on copper in the days before they are set to take effect on Friday next week, a person familiar with the matter said. That is the same date Trump’s “reciprocal” levies on products from more than 100 nations are slated to begin. Trump on Tuesday said that he is likely to impose tariffs
HELPING HAND: Approving the sale of H20s could give China the edge it needs to capture market share and become the global standard, a US representative said The US President Donald Trump administration’s decision allowing Nvidia Corp to resume shipments of its H20 artificial intelligence (AI) chips to China risks bolstering Beijing’s military capabilities and expanding its capacity to compete with the US, the head of the US House Select Committee on Strategic Competition Between the United States and the Chinese Communist Party said. “The H20, which is a cost-effective and powerful AI inference chip, far surpasses China’s indigenous capability and would therefore provide a substantial increase to China’s AI development,” committee chairman John Moolenaar, a Michigan Republican, said on Friday in a letter to US Secretary of