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Transcripts For BBCNEWS World Business Report 20240710

The Semiconductor Giant Intel has announced it will set up dedicated capacity to make Computer Chips for the Car Industry at its existing foundry in ireland. Intel will invest up to 80 Billion euro in European Production over the next decade. Earlier this year, intels Chief Executive predicted the situation would get worse before it got better. Our correspondent Theo Leggett caught up Pat Gelsinger, who has been visiting the international Mobility Show in munich, and asked him if those fears had been borne out . Exactly as we predicted, the worst is the second half of the year, 03, 04. Next year it will get incrementally better each quarter but we think it will continue into 2023. It takes that long to get more capacity in place, just designs, rebuild Supply Change. It in place, just designs, rebuild Supply Change Supply Change. It is fair to sa it Supply Change. It is fair to say it will Supply Change. It is fair to say it will be Supply Change. It is fair to say it will be a Supply C

Intel's Foundry Business Takes Another Step Forward

The chip giant is going after customers that need low-cost, mature manufacturing nodes.

Intel's Vast Cost-Cutting Plan Takes Shape

Intel just detailed where billions in cost savings will come from.

Intel Shifts Gears: Foundry Services Take the Spotlight

Intel announced a bold strategic shift, giving more assets and responsibility to its semiconductor manufacturing operations.

September / October 2021 Issue (Volume 54, Number 5)