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Intel looking for more contract manufacturing

from Reuters

Intel CEO Brian Krzanich said he would expand his company's small contract manufacturing business, paving the way for more chipmakers to tap into the world's most advanced process technology. With Intel far behind rivals in making chips for smartphones and tablets, many on Wall Street have urged the company to expand its contract manufacturing business, which currently contributes little to its overall revenue, and to open its factories to high-volume clients making mobile processors. more


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