Lip-Bu Tan says Intel will spin off non-core units

Intel’s new CEO Lip-Boo Tan Semiconductor has not wasted any time to give his plans for the semiconductor giant.

Speaking at the Intel Vision Conference this week, Tan told the attendees that the company would close assets that were not the root of his mission, Bloomberg has reportedThe The tan company did not specify that the company’s business was categorized as the original and non-core.

Tan added, Intel will also launch new products including custom semiconductor for customers. However, according to Bloomberg, the company did not mention any of the breaking, which was one Potential turnaround strategy Floating in recent months.

Tan was named after Intel’s CEO Took the role of March 12 and March 18, after three months of the previous CEO Pat Gel Singar was forced to Prior to this role on December 5th. Earlier, Tan was a member of the company’s board of directors before resigning late last August.

TechCrunch reached Intel for comment.