{"id":638582,"date":"2024-09-17T11:30:01","date_gmt":"2024-09-17T08:30:01","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/intel-delays-germany-poland-chip-factories-for-two-years\/"},"modified":"2024-09-17T11:30:01","modified_gmt":"2024-09-17T08:30:01","slug":"intel-delays-germany-poland-chip-factories-for-two-years","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/intel-delays-germany-poland-chip-factories-for-two-years\/","title":{"rendered":"#Intel delays Germany, Poland chip factories for two years"},"content":{"rendered":"
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\n \"Intel
\n Intel has delayed two mega chip-making factories in Germany and Poland.
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Chip-making giant Intel on Monday said it was delaying its plans to build two mega chip-making factories in Germany and Poland as the company faces lower demand than anticipated.<\/p>\n

The announcement will come as a major blow to the German and Polish governments that have heavily subsidized the projects and touted them as a boost to their national industry.<\/p>\n

Intel also said it would pull back on its projects in Malaysia, but said that its US plans would remain unaffected.<\/p>\n

In Germany, construction work on the Intel project was due to begin in 2023 but it stalled after the Ukraine war sent inflation soaring.<\/p>\n

German officials and the company were then locked in talks on financing for months, but both sides finally signed a deal in June 2023, which included increased subsidies.<\/p>\n

Germany stepped up its subsidy to launch the 30-billion-euro ($33 billion) factory project to almost 10 billion euros, some three billion more than first offered.<\/p>\n

“We recently increased capacity in Europe through our fab (or factory) in Ireland, which will remain our lead European hub for the foreseeable future,” Intel CEO Pat Gelsinger said in a statement.<\/p>\n

“We will pause our projects in Poland and Germany by app<\/a>roximately two years based on anticipated market demand,” he added.<\/p>\n

In Poland, Intel had received $1.8 billion to set up a semiconductor factory near Wroclaw.<\/p>\n

EU countries are seeking to boost production of semiconductors, used in everything from fighter jets to smartphones, and reduce reliance on Asia after pandemic-induced shortages hit some industries, and Russia’s war on Ukraine brought home the risks of over-dependency.<\/p>\n

On Monday, Intel also said it would receive up to $3 billion in direct funding from the US government, to boost its manufacturing of semiconductors for the US military.<\/p>\n

This is part of efforts to “secure the domestic chip supply chain,” according to an Intel statement.<\/p>\n

The company also said it would work with the Department of Defense to improve the resilience of US technological systems.<\/p>\n

\n \u00a9 2024 AFP\n <\/p>\n

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\n Intel delays Germany, Poland chip factories for two years (2024, September 17)
\n retrieved 17 September 2024
\n from https:\/\/techxplore.com\/news<\/a>\/2024-09-intel-delays-germany-poland-chip.html<\/p>\n

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