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How Intel Lost the Sony PlayStation Business
Monday September 16, 2024. 08:00 PM , from Slashdot
Discussions between the companies spanned months and involved top executives. Intel's loss has hampered CEO Pat Gelsinger's turnaround strategy, which hinges on expanding the company's foundry operations. The PlayStation deal would have provided steady business for Intel's struggling manufacturing arm, which reported $7 billion in operating losses last quarter. Sony's need for backwards compatibility with older PlayStation models complicated Intel's bid, as AMD designed chips for previous console generations, the report adds. Further reading: Intel Foundry Achieves Major Milestones; Intel Weighs Options Including Foundry Split To Stem Losses: Intel's Money Woes Throw Biden Team's Chip Strategy Into Turmoil. Read more of this story at Slashdot.
https://games.slashdot.org/story/24/09/16/174231/how-intel-lost-the-sony-playstation-business?utm_so...
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