IT House June 12 news, according to TechPowerUp news, Intel plans to open a factory in Magdeburg, Germany, and the German government will subsidize it about 6.8 billion euros (about 48.212 billion yuan).
IT House reported that in March this year, Intel officially announced the first phase of its European investment plan. Intel said it would invest as much as 80 billion euros in the EU over the next decade, including in chip manufacturing and advanced packaging technology. Intel said that with this landmark investment,Intel plans to bring its state-of-the-art technology to Europe, creating next-generation European chip ecosystemto meet the demand for more balanced and resilient supply chains.
Intel plans to develop two semiconductor factories in Magdeburg, capital of the German state of Saxony-Anhaltconstruction is expected to begin in the first half of 2023, with production planned for 2027.
In addition to Germany, Intel and Italy have already started negotiations for a potential investment of up to 4.5 billion euros in the plant, which will create about 1,500 Intel jobs, as well as 3,500 jobs for suppliers and partners, and will be completed between 2025 and 2027 Start operations.
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