An Intel chief hinted that being fabless could be more beneficial.
Mark Christiansen, a vice president of Intel's networks communication group, said during his keynote at the company's developers forum, "It's no longer plant and equipment and factories that determine your wealth, it's intellectual property. Today, you feel that your value is in design and the soft items. For Coca Cola it's their secret sauce."
His message clashed with those of Jerry Sanders, AMD chief executive, who once said, "Only real men have fabs," referring to Cyrix, now a subsidiary of Natsemi.
Continued Christiansen: "We have $25 billion in our fabs but our market capitalisation is about $140 billion, the delta is in our intellectual property. Today with so much value being put in intellectual property, it's incredibly easy to have your intellectual property stolen."
Of course, Intel has to keep building very expensive new fabs and a bit like the Red Queen in Alice through the Looking Glass, has to run fast to stay in the same spot.
So why doesn't the Goliath just outsource all of its technology and save itself a lot of money?
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