Intel eyes turnaround, to work with Arm on chip manufacturing compatibility

Intel Corp said its chip contract manufacturing division will work with UK-based chip designer Arm Ltd to ensure that mobile phone chips and other products that use Arm’s technology can be made in Intel’s factories.

Once the biggest name in chips known as central processing units (CPUs), Intel has seen long seen its technological manufacturing edge blunted by rivals such as Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world leader in making chips for customers such as Apple Inc.