By Noel Randewich SAN FRANCISCO (Reuters) – Intel Corp said on Monday it would make chips for Panasonic for the audio- and visual-equipment markets, the latest expansion of Intels contract manufacturing business in the face of slow personal computer sales. With Intel far behind rivals in making chips for smartphones and tablets, the US chipmaker has said it wants to expand its contract manufacturing business, which currently contributes little to its overall revenue. Intel will use its leading-edge 14 nanometer process technology to make system-on-chips for Panasonics System LSI division for use in audio- visual-equipment markets, Intel said in a news release.
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