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Intel closes its automotive architecture activity and dismisses most of its staff as part of a wider restructuring in the flea manufacturer.
The news has been reported for the first time by Oregonian / Oregon Live, which cited an internal memo It was shared with employees on Tuesday morning. Intel confirmed to Techcrunch, which plans to finish the automotive sector was communicated internally on Tuesday.
“As we said before, we will refocus on our main customer portfolio and data center to strengthen our product offers and meet the needs of our customers,” according to a press release from the company provided by spokesperson Cory Pforzheimer. “As part of this work, we decided to complete the automotive activity within our Customer IT group. We are committed to ensuring a smooth transition for our customers. ”
Pforzheimer said that the company does not disclose the number of employees assigned according to the specific region, location or company.
Intel automotive activity may not be the dominant income generator of the semiconductor company, but the division has been active in automated vehicle technology and the emerging trend of “vehicles defined by software”.
Intel has made numerous investments of several million dollars in the automobile, especially during exhilarating technologies and the beginnings of autonomous vehicle technology that started around 2015. At the time, the company’s venture capital is committed to Invest $ 250 million in automotive technology. His profile was lifted after Intel has acquired Mobileye In 2017 for $ 15.3 billion in order to expand its autonomous technology. Mobileye would repercussions later as a listed autonomous company, in which Intel is a major shareholder. In 2020, Intel automotive activity Moovit acquired In an agreement that appreciated the Israeli startup at $ 900 million.
The layoffs intervened six months after Intel automotive activity presented its technology at the World Technology Fair CES 2025. Intel Automotive, although it was not one of the dominant companies in the company, has tried to sell car manufacturers on its vehicle technology defined by software, which included a company improved by AI, designed for vehicles and takes place for the end of the end of the end of 2025.
But the future of the division seemed fragile by April – even if he met Chinese car manufacturers at the Shanghai Auto Show – when the new CEO LIP -BU TAN warned the Employees of Intel in dismissals in the company due to the drop in sales and a low perspective.
Earlier this month, the company said it planned to dismiss 15% to 20% of workers In its Intel Foundry division from July. Intel Foundry Concens, Fabring and Semiconductors Packages for external customers.
