Intel Wins MediaTek
"Intel announced Monday that it has landed a key client, electronics chip designer MediaTek, as part of its early push into offering semiconductor manufacturing services to other companies, CNet reported. The California-based company said it will start fabricating chips designed by MediaTek, a Taiwanese company with a $16.5 billion in revenue last fiscal year, for smart devices within the next 18 to 24 months." Fortune Newsletter
Intel wants to become like TSMC when it comes to manufacturing chips. TSMC is the world’s largest contract manufacturer for integrated circuits. With it, all you need to do is to design your circuit, send to it and it will manufacture it, and send the chips back to you. This deal with MediaTek has started the playbook.