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Saturday, October 16, 2021

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Intel plans to build a factory in Bavaria

Intel, as you know, against the backdrop of a shortage of processors, decided to increase its production by building new factories. Reportedly, the company will build them not only in the United States but also in Europe. And one of the likely locations where the factory will be built in the federal state of Bavaria, in Germany.

This information was confirmed by the Federal Minister of Economy of Bavaria Hubert Avenger. He stated that the Bavarian government had found an abandoned air force base near Munich and offered it to Intel. The company’s current plans for construction in Europe have not yet taken shape, but Bavarian officials are ready for it.

On this occasion, Aivanger said in an interview with Reuters: “I fully support this. The possible location of a large international semiconductor manufacturer in Bavaria is a tremendous opportunity

The final decision on the construction of the plant should be made by Intel at the end of the year. In addition to Germany, the semiconductor giant is considering locations in Belgium, the Netherlands, and Luxembourg. For the construction of the plant, Intel is counting on a government grant of 8 billion euros.

Tammy Sewell is our Writer and Social at OICanadian.com. Tammy loves sports, she writes our celebrities news. She spends time browsing through several celebs news sources as well the Instagram. Email: Tammy@oicanadian.com Phone: +1 513-209-1700

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