He was also the VP of Qualcomm, which lends some credence to the decision, albeit I would say that may only strengthen your point rather than weaken, given that Qualcomm also outsources their actual chip manufacturing, i.e., is fabless. So maybe this change in direction is to be expected, even if it was not desired, given his background.
> Renduchintala has spent a substantial part of his career in the SoC, mobile and internet of things areas. Prior to joining Intel, he was executive vice president of Qualcomm Technologies Inc. and co-president of Qualcomm CDMA Technologies, where he led its semiconductor business in the computing and mobile segments. He joined Qualcomm in 2004 from Skyworks Solutions Inc./Conexant Systems Inc., where he was vice president and general manager of the company’s Cellular Systems Division. Prior to Skyworks, he spent a decade with Philips Electronics, where he progressed to become vice president of engineering for its consumer communications business.
Renduchintala holds a bachelor’s degree in electrical engineering, a PhD in digital communications and a master’s degree in business administration from the University of Bradford in England.
> widely seen as a No. 2 to Swan,
> has been on Accenture’s (ACN.N) board since April 2018.
> Renduchintala eventually took responsibly for turning around Intel’s process technology,
A very odd choice of a person to develop a fab process