Hong has also worked with Sun Microsystems, Silicon Graphics, NeoParadigm Labs and LSI Logic in the past

Hao Hong, a former head of Samsung Electronics America’s foundry division, has joined Intel. The news comes at a time when Intel has recently announced re-entry in the foundry business. Hong has joined Intel as a vice president of global business development.
Hong had handled Samsung;s foundry business for more than six years. He had joined Samsung Electronics in 2008 after completing his master’s degree from the Stanford University. He had graduated from China University of Science and Technology.
“I have just joined Intel’s newly (re-)created foundry business – Intel Foundry Services (IFS). This is an exciting time for semiconductor, particularly for foundry as the importance of manufacturing is clearly recognized. This is also an exciting time for Intel, as CEO Pat Gelsinger reinvents Intel under the new IDM 2.0 strategy, which counts the success of IFS as an essential element,” read a social media post by Hong.
It continued, “Looking forward to working with all our present and future customers and partners, and moving forward with all the enthusiasm and support within Intel!”
Hong has also worked with Sun Microsystems, Silicon Graphics, NeoParadigm Labs and LSI Logic in the past. Intel has also appointed Intel appointed Bob Branna as vice president of customer design support at IFS. Brannan was earlier associated as a former vice president of emerging memory systems with Micron TechnologyBrannan worked and has also worked at Samsung Electronics for about five years between 2013 and 2018.
A report by business Korea read, “Foundry companies are nervous about Intel’s re-entry in the foundry business. Considering Intel’s market position and financial strength, it can be a factor that will shake the market in the mid to long term. Currently, Taiwan’s TSMC ranks first and Samsung Electronics second. The two are followed by Taiwan’s UMC and U.S. GlobalFoundries and China’s SMIC.”