June 18 : Intel on Thursday named Seok-Hee Lee executive vice president of its contract chip-manufacturing division as it sharpens focus on its advanced packaging business.The American chipmaker has been trying to reinvigorate its manufacturing business under CEO Lip-Bu Tan, after missing out on the AI boom.

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Intel names former SK Hynix CEO Seok-Hee Lee as EVP of Intel Foundry, adding a semiconductor veteran to its leadership as the company pushes its foundry