Intel to make chips for MediaTek in win for its foundry strategy

U.S. semiconductor titan is looking to gain customers for its chipmaking services

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Intel is keen to crack the foundry business and has signed Taiwan's MediaTek as a client, in a big win for the U.S. company. © Reuters

CHENG TING-FANG and LAULY LI, Nikkei Asia tech correspondents

TAIPEI -- Intel on Monday said it will produce chips for Taiwan's MediaTek in a deal that marks an important win for America's biggest semiconductor company as it attempts to break into the chip foundry business dominated by Taiwan Semiconductor Manufacturing Co.

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