Balram said the company will be a fabless semiconductor company, designing its own chips but using contract manufacturers to make them.

Source: https://venturebeat.com/ai/mojo-vision-raises-22-4m-as-it-pivots-into-micro-leds/

Per Intel’s CEO Pat Gelsinger, “There is growing demand for computing power driven by the digitization of everything, but until now fabless customers have had limited options for designing around the most advanced mobile technology.”

Source: https://www.digitaltrends.com/mobile/intel-smartphone-tablet-chips-arm-deal-news/