Intel CEO: It will take Intel a long time to establish a competitive foundry business, Nikkei Asia reports, citing CEO Lip-Bu Tan, who said it took TSMC 10 – 20 years to become the world’s biggest chip foundry.
"From a foundry's point of view, Intel had to look at the longer-term horizon, and it's always very important to have very strong government involvement supporting," he said, adding that the business could become a growth driver "if we do it right," but "it takes time." $Intel(INTC.US) $Taiwan Semiconductor(TSM.US) #semiconductorsSource: Dan Nystedt
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