Intel to manufacture audio visual chips for Panasonic

US chipmaker Intel Corp will manufacture chips for Panasonic
audio visual equipment such as televisions, Blu-Ray players and set-top boxes.

Reuters reports that the company has signed a manufacturing
agreement with the System LSI Business Division of Panasonic Corp.

The move comes as Intel deals with a slowing in the market
for personal computers. At present the company does not have a focus on chips
for smartphones and tablets which are largely responsible for the drop in the
PC market.

“Intel’s 14nm Tri-Gate process technology is very
important to develop the next- generation SoCs,” said Yoshifumi Okamoto,
director, Panasonic Corporation SLSI Business Division in a statement.

“We will deliver highly improved performance and power
advantages with next-generation SoCs by leveraging Intel’s 14nm Tri-Gate
process technology through our collaboration.”

Intel’s leading-edge 14nm low-power process technology,
which includes the second generation of Tri-Gate transistors, is optimized for
low-power applications.

According to the company, this will enable Panasonic’s SoCs
to achieve high levels of performance and functionality at lower power levels
than was possible with planar transistors.

Five other semiconductor companies – Altera, Achronix Semiconductor, Tabula, Netronome and Microsemi – have announced agreements
with Intel’s custom foundry business.