In 2021, Intel announced that it was selling its server business to Taiwanese manufacturer MiTAC. This sale represents a change in Intel’s business strategy and will help reshape the company’s structure.
Intel is one of the largest semiconductor manufacturers in the world and has been involved in the server business for many years. However, in recent years, it has begun to make strategic decisions to produce more innovative products and reduce costs in order to compete with its rivals.
The reason for this sale is that Intel’s server business has been experiencing a decline in recent years. The company has faced strong competition from rivals AMD and NVIDIA and has lost market share in the server business.
MiTAC is a Taiwanese manufacturer that specializes in server and storage solutions. With the acquisition of Intel’s server business, the company aims to offer its customers a more comprehensive and innovative range of products.
This acquisition could be beneficial for both Intel and MiTAC. Intel can focus on new business strategies and innovations with the revenue generated from the sale, while MiTAC can increase its market share by offering its customers more diverse products.
In conclusion, the sale of Intel’s server business to MiTAC is an important step for the company’s business strategy and could be beneficial for both companies.
