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New American Oxford Dictionary

fabless

fab less |ˈfablis ˈfæblɪs | adjective denoting or relating to a company that designs microchips but contracts out their production rather than owning its own factory: the newcomers' strategy was fabless production. ORIGIN 1980s: from fab a microchip fabrication plant + -less .

 

Oxford Dictionary

fabless

fab |less |ˈfablɪs | adjective denoting or relating to a company which designs microchips but contracts out their production rather than owning its own factory. ORIGIN 1980s: from fab 2 + -less .