Stock Markets April 16, 2026 02:57 PM

Intel Adds Former Samsung Executive to Lead Foundry Customer Outreach

Shawn Han to become general manager of foundry services as Intel pursues growth in outsourced chip manufacturing

By Nina Shah INTC
Intel Adds Former Samsung Executive to Lead Foundry Customer Outreach
INTC

Intel has recruited Shawn Han, an executive vice president at Samsung Electronics, to serve as general manager of foundry services beginning next month. The hire, reporting to foundry chief Naga Chandrasekaran, is part of CEO Lip-Bu Tan’s plan to expand Intel’s foundry business and win outside chipmaking clients in a market led by Taiwan Semiconductor Manufacturing Co.

Key Points

  • Intel has hired Shawn Han from Samsung to serve as general manager of foundry services, reporting to Naga Chandrasekaran.
  • The move is part of CEO Lip-Bu Tan’s turnaround plan to expand Intel’s foundry business, which makes chips for outside clients.
  • The foundry market is led by Taiwan Semiconductor Manufacturing Co., with Samsung a distant second - Intel aims to persuade other chipmakers, including competitors, to use its manufacturing capacity.

Intel has tapped a senior Samsung Electronics executive to bolster its effort to attract outside clients to its foundry operations.

Shawn Han, who holds the title of executive vice president at Samsung, will join Intel next month as general manager of foundry services, the company said in a statement on Thursday. In his new role Han will report to Naga Chandrasekaran, head of Intel’s foundry division.

The appointment is presented by Intel as part of a broader turnaround strategy under Chief Executive Officer Lip-Bu Tan aimed at enlarging the chipmaker’s business that builds semiconductors for outside customers. The foundry segment produces chips for other companies rather than chips designed for the company’s own products.

Intel is attempting to persuade other chip designers, including firms that compete with Intel in some areas, to contract their manufacturing to Intel’s foundries. The foundry market is currently dominated by Taiwan Semiconductor Manufacturing Co., with Samsung positioned as a distant second, according to the statement.

Commenting on the hire, Chandrasekaran said the move underlines Intel Foundry’s focus on close engagement with clients and executing according to customer needs. He added: "Shawn brings more than 10 years of commercial foundry leadership experience from his time at Samsung Foundry."


The company framed the recruitment as a commercial play to strengthen relationships with potential customers and to reinforce execution driven by client requirements. Han’s experience at Samsung Foundry was cited as relevant commercial foundry leadership that Intel expects to leverage as it seeks to win business from external chip designers.

Details provided in the statement include the timing of Han’s start next month and his reporting line to Chandrasekaran. Beyond those points, the announcement did not include further operational specifics about Intel’s customer engagement plans or potential client commitments.

Risks

  • Uncertainty whether Intel can persuade competing chip designers to contract manufacturing to its foundries - this affects semiconductor manufacturers and the broader technology supply chain.
  • The foundry market is currently dominated by Taiwan Semiconductor Manufacturing Co., with Samsung a distant second, indicating strong incumbent competition that Intel must overcome - impacts semiconductor equipment suppliers and chip fabricators.
  • The hire is part of a turnaround plan under CEO Lip-Bu Tan; the ultimate success of that strategy is uncertain based on the limited operational detail provided in the announcement - relevant to investors in Intel and participants in semiconductor capital allocation.

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