10th arena that chip giant has quit in 2.5 years for $1.8B in annual savings
Silicon photonics is the blending of optical and silicon technologies, and in the case of transceiver modules, these are used to connect an optical fiber to a network interface or switch, usually in the form of a pluggable module.take on the sale and manufacturing of Intel's current silicon photonics-based optical transceiver product lines, as well as research and development for future generations of the hardware.
Financial details of the agreement have not been disclosed, and the companies are working together to finalize the transition by the end of the calendar year. Gelsinger pointed out this is the tenth business area the company has exited in the last two-and-a-half years, a process he claimed has generated $1.8 billion in annual savings, and which he labelled as"a testament to our efforts to optimize our portfolio and drive long-term value creation."
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