IBM, a unit of the global technology giant, has become a leader in computer technology as the latest chip maker to add a chip that will make its own chips, the Times of London reported on Tuesday.
The chip, which is already being used in the IBM Watson supercomputer, is expected to become available in 2019.
IBM, which has more than 40,000 employees in the U.K., Germany, and China, has been one of the biggest players in the computing field in recent years, investing billions of dollars in research and development.
The Times report said the chip would enable IBM to offer more affordable and efficient computing, and would be a huge boost for the chip maker.
“IBM’s new technology is poised to revolutionize the way we make computer chips,” IBM spokesman Dan Voss said in a statement.
“It will allow us to deliver a better, faster, more affordable computer that works for the vast majority of people.”
The chip will be manufactured by the Chinese chip giant TSMC, and the chip will likely be based on its latest “core” processor, a chip designed for use in mobile devices, according to Reuters.
IBM is the largest chip maker in the world, and its new chip could be a significant boost for IBM, analysts have said.
A big chip maker that has struggled in recent times is Samsung Electronics Co., which has been making chips for Samsung’s Galaxy S7 smartphone, and recently unveiled a chip based on the next-generation Intel processor.