Intel’s chief engineering officer, Murthy Renduchintala, is leaving his post as part of a move to split the key technology department into five teams.
Intel said it will reorganize its technology, system architecture and customer base. Its new leader will report directly to CEO Bob Swan.
Ann Kelleher, who has 24 years of Intel experience, will lead the development of 7nm and 5nm chip technology processes. Last week, the company said that the faster and smaller 7-nanometer chip manufacturing technology is six months behind the original plan and it will have to rely more on external chip manufacturers to maintain the competitiveness of its products.
Renduchintala was the president of this department before the reorganization and is widely regarded as Swan’s second place. He joined Intel in 2015. He was formerly executive vice president of Qualcomm and has been a member of the Accenture board of directors since April 2018.
Renduchintala is one of several key employees from outside Intel. Intel is famous in Silicon Valley for cultivating and upgrading internal talents. He was hired as part of the strategy to occupy a larger market than the central processing unit or CPU that was known in the PC era.
A major work ended last year, namely the development of a modem chip to connect smart phones to mobile data networks. Intel sold its business to Apple for $1 billion (approximately Rs 7485 crore), which is only a small part of its investment.
Renduchintala finally responsibly reversed Intel’s process technology, which was struggling with delays in its current 10-nanometer process. CEO Swan told investors in November that Intel plans to start using its 7-nanometer process to catch up with competitors in early 2021, but due to delays, Intel was forced to reverse the situation last week.
Intel said that Renduchintala will leave on August 3.
© Thomson Reuters 2020
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