Intel, TSMC to unveil strategic tie-up on Monday

[Warren Stupidity]

Source: Reuters

SAN FRANCISCO (Reuters) - Intel and TSMC will make a "strategic announcement" on Monday, driving market and media speculation that the world's largest chip maker might begin to outsource crucial manufacturing.

Intel said in an emailed statement on Friday that sales chief Sean Maloney and general manager of Ultra Mobility Anand Chandrashekar will announce details alongside TSMC CEO Rick Tsai in Santa Clara, California on March 2.

Intel spokesman Chuck Mulloy would not elaborate, while TSMC -- the world's biggest manufacturer of made-to-order chips -- was not immediately available for comment.

Read more: http://uk.reuters.com/article/ousiv/idUKTRE51R1FM20090228

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Off to Taiwan. It isn't the CPU foundries(yet), but Intel is following the rest of the US semiconductor industry in moving their manufacturing not only offshore, but out of their corporate structure entirely.

[Grinchie]

1. Time to start investing in books again

Because all the computers we know are going to stop reading the media eveything's backed up on.

I was actually watching Intel thinking of picking up a few shares when the price got low enough, but now I see the game is over.

So long high tech, it was fun while it lasted.

[Jean Valjean]

2. TSM has done much better than our locals.

I've been watching them for over a year. Techs are going through a corrections and I hope will become safe again in the near future.

[williesgirl]

3. Then NONE of these expenses to move jobs, build factories should be deductible from US taxes. Fuck

them. rec'd

[Warren Stupidity]

4. indeed but they will leave anyway

the opportunity to dispense with all of the costs and risks in building and operating chip foundries is irresistible. The article strongly hints that Intel is shedding all of its manufacturing operations except for its CPU foundries, and it is only because of the anemic competition there that they are keeping the crown jewels inside.

With autos on the way out, steel already for the most part gone, heavy equipment a distant memory, and airplanes down to one major manufacturer, we are well on our way to being a nation that produces nothing the world needs other than food.

[DainBramaged]

6. We produce unemployment

[MindMatter]

5. We have to get rid of any incentives to do this

How much money is Intel getting from government contracts?

Are they able to use this as a tax dodge because of the way our code is written?

We need to make sure that the incentives are stacked in favor of creating jobs here, not the other way around.