Intel Appoints Former SK Hynix CEO to Lead Advanced Packaging in Foundry Push
Intel has made a strategic hire to bolster its Foundry business, appointing Seok-Hee Lee, former CEO of SK Hynix, as Executive Vice President of Intel Foundry. Lee will spearhead advanced packaging, system integration, and back-end manufacturing, reporting directly to CEO Lip-Bu Tan. This move underscores Intel's commitment to scaling cutting-edge packaging technologies like EMIB-T and HBI, rather than signaling a return to memory chips.
The company's stock has surged over 500% in the past year, driven largely by Foundry momentum. Advanced packaging is increasingly viewed as a critical tool for customer acquisition in the semiconductor space. Recent talks between Intel and SK Hynix about high-bandwidth memory integration could further validate Intel's EMIB technology.
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