Intel's Pat Gelsinger told the IAA car show today that they have launched a program to allow automakers to make components in Intel's own factories. The automotive market has been greatly affected by the shortage of materials for the manufacture of components electronic, which prevents them from releasing cars with smart properties. Intel will help to manufacture cars thanks to its factories.
This program, called “Intel Foundry Services Accelerator,” will be presented at the auto show. According to Intel, its manufacturing processes are much more advanced than most chip manufacturing technologies currently used in the automotive industry.
Intel to automotive aid
Several automakers and suppliers including BMW, Volkswagen, Daimler, and Bosch; They have shown interest in the program. By 2030, chips will account for 20 percent of the cost of higher-end vehicles, five times more than in 2019.
Intel is on track to expand its capabilities with two new plants in Europe with an investment that could reach 80.000 million euros in ten years. There is currently a global shortage of electronic components that severely restricts automakers.
For those who wonder why high-end components are needed in cars, they are used, among other things, for entertainment systems and driver assistance. The screens of high-end cars are practically high-end tablets capable of even running games, and managing entertainment apps like Netflix or Spotify thanks to 5G connections. This is why Intel has come to the aid of car manufacturing at the European level. The expansion of Intel production capacity in Europe is part of Gelsinger's strategy to become a large contract manufacturer that not only makes chips for its own purposes.
Source: Finanzen
