Write For Us

Intel signs €30 billion deal for facility in Germany - Keeping up with China and the US? | DW News

Sponsored Post Vitamin D2 Canada Persia
28 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ava
Published
US-based chipmaker Intel has signed off on plans to invest 30 billion euros as part of a new chip-production facility in the German city of Magdeburg.

The deal includes 10 billion euros in German subsidies, according to news reports. Intel is the latest chip-maker to take advantage of the EU's eased funding-rules for producers of the critical components, as Europe aims for more independence from Asian manufacturers. Intel is also planning new facilities in Poland and France.

Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1

For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
►Instagram: https://www.instagram.com/dwnews
►Twitch: https://www.twitch.tv/dwnews_hangout
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch
#Intel #Chip #Semiconductor
Category
Europe
Tags
DW News
Sign in or sign up to post comments.
Be the first to comment