Intel's CEO has big plans for foundry business

By Noel Randewich SAN FRANCISCO (Reuters) - Intel CEO Brian Krzanich said on Thursday he plans to expand his company's small contract manufacturing business, opening 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 called for the company to expand its contract manufacturing business, which currently has a negligible impact on overall revenue, and to open its factories to high-volume clients making mobile chips.

via Tech News Headlines - Yahoo! News http://news.yahoo.com/intels-ceo-big-plans-foundry-business-164349729--finance.html