Lip-Bu Tan, the new CEO of Intel, showcased his vision at the Vision 2025 seminar in Las Vegas, where Intel hosted customers and business partners. Tan stated that since taking on the CEO position, he has engaged with numerous customers and discovered that Intel had not been producing products that aligned with market demands. Furthermore, he acknowledged that innovation was lacking compared to competitors, indicating a need for improvement. In this new era, Intel aims to be more customer-centric, leveraging cutting-edge engineering to drive new innovations.
Tan announced that Intel will be reevaluating the company’s core strategies to better manage human resources. Non-core businesses will be divested, with a focus on utilizing AI and modern software in product development from design to manufacturing. The advancement of 18A technology production is on track, with mass production set to begin in the latter half of this year at Panther Lake campus.
Source: Intel and The Wall Street Journal
TLDR: Lip-Bu Tan, Intel’s new CEO, prioritizes customer-centric innovation, plans to optimize resource management, and accelerate technology production at Panther Lake facility.
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