News scorching off the wire is that Dr. Randhir Thakur, Director of Intel’s Foundry Services, is about to take up a place as Director of Tata Electronics, an Indian primarily based firm, a part of the Tata Group.
Detailed at Mint, it has been reported that Dr. Thakur will be a part of Tata Electronics. There has been some confusion within the press already reporting this story as as to whether it is a full time function at Tata Electronics and if/when he will likely be transitioning to that function. InstaFinancials lists Dr. Thakur as an lively director of Tata Electronics as of the 28th April, which is definitely some months previous to at the moment’s date, however he’s nonetheless listed on Intel’s web site (and on his private LinkedIn web page) as President of Intel Foundry Services.
We have confirmed with Intel that Dr. Thakur remains to be President of its new foundry division, and that the Director function at Tata is barely a board place alongside his function at Intel.
Intel’s IFS 2.0
Intel’s push into increasing its home-grown semiconductor enterprise for exterior buyer use was crystallized in CEO Pat Gelsinger’s IDM 2.Zero mission launched earlier this 12 months. The third prong of the mission is Intel’s Foundry Services (IFS), which was to be a separate entity alongside its essential product strains within the stability sheet with its personal income and metrics. Intel’s aim with IFS is to offer its semiconductor manufacturing amenities at scale to potential clients that usually depend on different corporations, however this may additionally intention to help Intel in creating its subsequent gen course of node know-how.
Intel has introduced a number of giant growth tasks as a part of its IDM 2.Zero technique, together with $20 billion for 2 new manufacturing strains at its Arizona facility, $3.5 billion in new packaging manufacturing strains in New Mexico, and as much as $120 billion on a ‘little city’ mega-fab with as much as eight manufacturing strains. Leading that mission, as of March this 12 months, is Dr. Randhir Thakur. Thakur was beforehand Intel’s Chief Supply Chain Officer since becoming a member of the corporate in November 2017, and his newest function as Director of Intel Foundry Services began in March 2021.
As for IFS clients, Intel has already introduced Qualcomm for manufacturing on its 20A course of node, and Amazon for packaging.
Partnerships
Tata bringing Dr. Thakur to the board of its Electronics division is perhaps seen as a strategic profit to Intel’s IFS imaginative and prescient, regardless of Tata Group working principally out of Asia. Tata Electronics is clearly eyeing a strategic aim of securing its personal semiconductor provide chain for a few of its companies (equivalent to its automotive manufacturers), and this may contain partnership and collaboration with Intel. Back in June, Intel employed Hong Hao, who led Samsung’s North American Foundry Business, to ‘formulate enterprise methods and execute buyer engagement plans’ inside Intel Foundry as a solution to develop a few of these buyer engagements and description potential markets. As IFS is planning to increase and safe clients long run, having Intel’s personal staff inside numerous key trade boards of administrators is perhaps a technique to assist increase the IFS stability sheet in the long run.
