2023-06-20 10:03:58
To accommodate the future factory of the American semiconductor giant, Germany has decided to break the bank, offering aid of nearly 10 billion euros, much more than expected.
After Tesla, Intel. L’Germany has just won the jackpot once again by successfully convincing the American group to set up its European semiconductor factory in Magdeburgabout a hundred kilometers from Berlin.
The German government will contribute up to 10 billion euros… A record sum criticized by economists, that Berlin justified by its strategic necessity.
This first European plant should enable theEurope reduce their dependence on Chine and to UNITED STATES for the production of microchips.
We cannot allow strategic technologies to be made in Asia or exclusively in America. We, as Europe, must have a certain self-sufficiency and also be able to supply decisive key products ourselves” explain Reiner HaseloffPresident of the Land of Saxe-Anhalt.
Construction of the plant is expected to be completed by 2027, and is expected to create thousands of jobs in the Land of Saxe-Anhalt according to the federal government.
Intel also plans to set up a new microchip assembly plant in Wrocławin the West of the Poland.
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