CEO: Intel in talks to form chips for automakers within six to 9 months

(Reuters) – The chief govt of Intel Corp told Reuters on Monday the firm is in talks to open up producing chips for car makers to alleviate an absence that has idled car factories.

Chief Govt Officer Pat Gelsinger acknowledged the firm is talking to companies that invent chips for automakers about manufacturing those chips inner Intel’s manufacturing facility network, with the aim of manufacturing chips within six to 9 months. Gelsinger earlier on Monday met with White Condominium officials to discuss the semiconductor provide chain.

Intel is one among the final companies in the semiconductor enterprise that both designs and manufactures its private chips. The firm final month acknowledged it would perchance delivery its factories up to exterior customers and invent factories in the United States and Europe in a yell to counter the dominance of Asian chip manufacturers comparable to Taiwan Semiconductor Manufacturing Co and Samsung Electronics Co Ltd .

However Gelsinger acknowledged Monday that he told White Condominium officials all over the assembly that Intel will delivery its unique manufacturing facility network to auto chip companies to give extra rapid abet with an absence that has disrupted assembly traces at Ford Motor Co and Traditional Motors Co .

“We’re hoping that a majority of those items would perchance furthermore be alleviated, no longer requiring a three- or four-one year manufacturing facility invent, however maybe six months of up to the moment products being licensed on some of our unique processes,” Gelsinger acknowledged. “We’ve begun those engagements already with some of the major parts suppliers.”

Gelsinger did not title the say suppliers however acknowledged that the work would perchance take dangle of deliver at Intel’s factories in Oregon, Arizona, New Mexico, Israel or Ireland.