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Intel Pans Inward for Foundry Boss; Is Tower Deal in Trouble?

Intel forges ahead with foundry plans despite delay in regulatory approval for Tower Semiconductor purchase.
Stuart Pann is senior vice president and general manager of Intel Foundry Services
Stuart Pann, senior vice president and general manager of Intel Foundry Services. (Image: Intel)

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By Bolaji Ojo

What’s at stake:
The executive Intel has appointed to head its foundry division has no experience managing a contract chipmaker. Was Intel tired of waiting for regulators to approve its quest for Tower Semiconductor, the contract chipmaker it was expected to tap for a seasoned general manager?  

Tower Semiconductor Ltd. boss Russell Ellwanger will not be heading Intel Corp.’s foundry services business.


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