Intel appointed Lee Seok-hee as senior vice president of its foundry division on June 18, 2024 [1].
The move signals Intel's urgency to scale its manufacturing capabilities. By recruiting a top executive from a primary South Korean competitor, Intel aims to capture the growing market for artificial intelligence and high-performance computing (HPC) hardware.
Lee previously served as the president of SK Hynix and SK On [1]. In his new role at Intel, he will oversee advanced packaging, system integration, and backend manufacturing [1]. These technical areas are critical for the production of the complex chips required for modern AI workloads, which often rely on sophisticated packaging to maintain speed and efficiency.
Intel intends to use this leadership change to restructure its internal operations. The company plans to build a dedicated, independent business unit focused specifically on advanced packaging within the foundry segment [1]. This strategic shift is designed to streamline how the company handles the final stages of semiconductor production.
Industry observers said that the hire reflects the rising global influence of South Korean semiconductor expertise [1]. As the U.S.-based company seeks to regain its edge in fabrication, the integration of Korean industry leadership provides a bridge to specialized technical knowledge in memory and packaging.
Intel said that through this executive appointment, it plans to establish a focused business division dedicated to advanced packaging within the foundry sector [1].
“Intel appointed Lee Seok-hee as senior vice president of its foundry division”
Intel's recruitment of Lee Seok-hee represents a strategic attempt to close the technical gap in advanced packaging, a critical bottleneck in AI chip production. By shifting toward a more independent business unit for these services, Intel is attempting to pivot from a traditional integrated device manufacturer to a viable foundry competitor capable of attracting external clients who require high-end system integration.



