Intel Announces ‘IDM 2.0’ Strategy for Manufacturing, Innovation, Product Leadership
The company plans to engage the technology ecosystem and industry partners to deliver on its IDM 2.0 vision and to that end announced plans for an important research collaboration with IBM, focused on creating next–generation logic and packaging technologies.
Pat Gelsinger, CEO, Intel, outlined the company’s path forward to manufacture, design and deliver leadership products and create long-term value for stakeholders. During the company’s global “Intel Unleashed: Engineering the Future” webcast, he shared his vision for ‘IDM 2.0.’
Gelsinger announced significant manufacturing expansion plans, starting with an estimated $20 billion investment to build two new factories (or ‘fabs’) in Arizona. He also announced Intel’s plans to become a major provider of foundry capacity in the U.S. and Europe to serve customers globally.
Elaborating on the company’s vision Gelsinger stated, “We are setting a course for a new era of innovation and product leadership at Intel. Intel is the only company with the depth and breadth of software, silicon and platforms, packaging, and process with at-scale manufacturing customers can depend on for their next-generation innovations. IDM 2.0 is an elegant strategy that only Intel can deliver – and it’s a winning formula. We will use it to design the best products and manufacture them in the best way possible for every category we compete in.”
IDM 2.0 represents the combination of three components that will enable the company to drive sustained technology and product leadership:
Intel’s global, internal factory network for at-scale manufacturing is a key competitive advantage that enables product optimization, improved economics and supply resilience.
Expanded use of third-party foundry capacity. Intel expects to build on its existing relationships with third-party foundries, which today manufacture a range of Intel technology – from communications and connectivity to graphics and chipsets.
Building a world-class foundry business, Intel Foundry Services (IFS). Intel announced plans to become a major provider of US and Europe-based foundry capacity to serve the incredible global demand for semiconductor manufacturing. To deliver this vision, Intel is establishing a new standalone business unit, the IFS, led by semiconductor industry veteran Dr. Randhir Thakur.
The post Intel Announces ‘IDM 2.0’ Strategy for Manufacturing, Innovation, Product Leadership appeared first on CXOTV News.