The two companies will work together to develop new semiconductor process technology that can be used in a broad range of applications.
Researchers will investigate new materials and transistor structures, in addition to innovative interconnect and packaging solutions for next-generation technology nodes.
According to the firms, the research developments are designed to enable the delivery of industry leading silicon solutions that are optimised for performance, power consumption and size.
"New process technology developed by the companies is planned to extend leadership in mobile computing as well as other high performance applications," the news provider explained.
Founded in 1911, IBM is an American multinational technology and consulting firm headquartered in Armonk, New York.
The firm manufactures and sells computer hardware and software.
