SemiMedia SemiMedia
  • Breaking News
  • MarketWatch
  • Distribution
  • Manufacturer
  • Video
  • About us
Home › MarketWatch › Intel sells silicon photonics business to Jabil
  • 0

Intel sells silicon photonics business to Jabil

SemiMediaEdit
November 7, 2023

November 7, 2023 /SemiMedia/ -- According to reports, in order to focus on core chip manufacturing technology, Intel plans to transfer its silicon photonics business to electronic manufacturing services company Jabil.

The silicon photonics business was formed when Intel acquired Altera for $16.7 billion in 2015. The transfer to Jabil will include Intel's current silicon photonics business and customers, as well as future development of this technology.

The report pointed out that this is one of Intel's strategies to continue to divest non-core businesses. The transfer of the silicon photonics business to Jabil is the third major transaction Intel has made recently and the tenth business it has exited in the past two and a half years.

"This is our tenth business exit in the past two and a half years, saving $1.8 billion annually and demonstrating our efforts to optimize our portfolio and drive long-term value creation," said Intel CEO Pat Gelsinger.

"This deal better positions Jabil to cater to the needs of our valued customers in the data center industry, including hyperscale, next-wave clouds, and AI cloud data centers. These complex environments present unique challenges, and we are committed to tackling them head-on and delivering innovative solutions to support the evolving demands of the data center ecosystem," stated Matt Crowley, Senior Vice President of Cloud and Enterprise Infrastructure at Jabil. "This deal enables Jabil to expand its presence in the data center value chain."

Through this transaction, Jabil will be the primary supplier of the current silicon photonics-based pluggable optical transceiver product lines, and will assume development of future module generations. Future products will continue to use Intel’s silicon photonics technology, and their brand over the next six months will transition to Jabil.

Related

electronic components news Electronic components supplier Electronic parts supplier Intel Jabil
MinebeaMitsumi acquires Hitachi Power Semiconductor
Previous
ROHM Semiconductor to produce SiC wafers in Japan in 2024
Next

All Comments (0)

Back
No Comment.

Top Post

Fire broke out at AKM factory in Japan
Mouser Electronics expands to the Philippines with local customer service center
Qualcomm ranked first in the world's top ten IC design companies
Analyze the key factors and prospects of electronic components shortage from the perspective of wafer industry
What is the root cause of the decline of the Japanese semiconductor industry?
ST releases price increase notice

Subscribe SemiMedia

Please check your E-mail to confirm the subscribtion.

Related posts

Littelfuse unveils foldback TVS diode series for advanced DC power protection

Littelfuse unveils foldback TVS diode series for advanced DC power protection

July 30, 2025
0
Electronic component prices climb as industrial and EV markets revive

Electronic component prices climb as industrial and EV markets revive

July 30, 2025
0
Global foundry revenue to surpass $165 billion in 2025 driven by advanced nodes

Global foundry revenue to surpass $165 billion in 2025 driven by advanced nodes

July 29, 2025
0
onsemi expands SiC partnership with Schaeffler for next-gen PHEV platform

onsemi expands SiC partnership with Schaeffler for next-gen PHEV platform

July 29, 2025
0
Copyright © 2017-2025 SemiMedia. Designed by nicetheme.
  • Please set up your first menu at [Admin -> Appearance -> Menus]
  • electronic components news
  • Electronic components supplier
  • Electronic parts supplier
  • Infineon
  • Electronic component news
  • Renesas
  • Vishay
  • STMicroelectronics
  • NXP
  • TDK

SemiMediaEdit

Administrator