Microsemi Corporation announces it will use INTC foundries
Apparently this agreement happened in January - but I didn't hear anything about it. Perhaps it's not a ton of business, but it makes me wonder what other arrangements have been signed that I haven't heard about...
Paul Otellini at earnings conference call:
"I’ve described the strategy before as a crawl, walk, run strategy. We’re past crawling. We’re in the mode of collecting serious customers. The design win activity leads the announcement activity, as you’d expect in this business, and there are some other customers that we still have not yet publicly announced."
More Paul Otellini at earnings conference call:
"I think the ground rules that we’ve laid out, I have three that I was looking at. One would be value-based pricing, to take advantage of our technology. The second is that we would not enable a chip competitor. And the third, that we have not mentioned on the call yet today, is that it would be great if we could form a strategic relationship with a customer so that it went beyond just a single foundry transaction."
['not enable a chip competitor' means Intel will not do foundry work for Qualcomm, NVidia, AMD, or Samsung. But would not exclude the likes of Apple, Google/Motorola, Amazon, etc. Remember, according to Intel's Sunit Rikhi, there is a deal with a "large mobile customer" that has not been announced yet.]