Semiconductor Industry Veteran Dr.Randhir Thakur to Head Intel's New Foundry Biz Unit

Intel is looking forward to launch its standalone business unit, Intel Foundry Services (IFS) that is expected to be led by the National Institute of Technology, Kurukshetra alumni Dr.Randhir Thakur, as part of the company’s new IDM 2.0 strategy for its integrated device manufacturing model.

Semiconductor industry veteran Dr.Randhir would serve as the senior vice president and the president of Intel Foundry Services, he would be reporting to Intel CEO Pat Gelsinger

Dr.Randhir had joined the firm in 2017 as the vice president of Global Supply Management, expanding his role to chief supply chain officer in 2020 with around 30 years of experience. In addition to heading the new foundry unit, Dr.Randhir would continue in his role as chief supply chain officer.

Dr.Randhir has obtained a bachelor’s degree in electronics and telecommunications engineering from the National Institute of Technology, Kurukshetra, in India, a master’s degree in electrical engineering from the University of Saskatchewan in Canada and a Ph.D. in electrical engineering from the University of Oklahoma.

Under his leadership, Intel Foundry Services would lead the development and growth of Intel’s new foundry, a significant component of the company’s new IDM 2.0 strategy, a major evolution of Intel’s integrated device manufacturing model. The company intends to transform as a major provider of foundry capacity in the United States and Europe.

Commenting on the advancement, Intel says, “IFS will be differentiated from other foundry offerings with a combination of leading-edge process technology and packaging, committed capacity in the U.S. and Europe, and a world-class IP portfolio for customers, including x86 cores as well as ARM and RISC-V ecosystem IPs.”

However, Gelsinger has revealed that he expects Intel’s engagement with third-party foundries to grow and to include manufacturing for a range of modular tiles on advanced process technologies that include products at the heart of Intel’s computing offerings for both client and data centre segments intiating in 2023.

Gelsinger states, “We are setting a course for a new era of innovation and product leadership at Intel.” He further adds, “IDM 2.0 is an elegant strategy that only Intel can deliver – and it’s a winning formula. We will use it to design the best products and manufacture them in the best way possible for every category we compete in.”