Intel Delays Germany, Poland Chip Factories For 2 Years
Intel's financial crisis delays the development of mega fab factories in Poland and Germany despite heavy subsidies
Intel recently announced its plan to delay the construction of two mega chip-making factories in Germany and Poland. The chip maker attributed its decision to a lower demand for its chips than earlier anticipated.
Intel halts plans for flagship factories in Germany, Poland amid financial woes
US chipmaker Intel is halting plans for new factories in Germany and Poland amid financial troubles, in a blow to the EU efforts to build up domestic chipmaking capacity.
Intel delays Germany, Poland chip factories for two years
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.
Intel hits pause on chip fabs in Germany and Poland amid financial crisis
Intel has paused plans for new chip factories in Germany and Poland following its disastrous second quarter financial results. CEO Pat Gelsinger told staff yesterday that both projects were being put on hold for two years, while the opening of a new chip packaging plant in Malaysia could also be delayed.
Germany's Scholz says Intel committed to German site despite delay
German Chancellor Olaf Scholz said on Tuesday that Intel is committed to its plan to build plants in eastern Germany despite the U.S. chipmaker saying that it is delaying construction by two years as part of its cost-cutting plans.
Germany's Scholz disappointed by delay to Intel chip plant
Chancellor Olaf Scholz voiced disappointment Tuesday after US semiconductor giant Intel delayed plans to build a mega chip-making plant in Germany which had been championed by Berlin.
German government shruggs off Intel's delayed factory plan
US chipmaker Intel has announced it is postponing a $30 billion investment in Germany due to financial problems at the firm. But is the German government still committed to the investments?
Poland's Intel plant gets EU green light for $1.9 billion in state support
The European Commission has given Poland a green light to support an Intel chip assembly and testing plant with more than 7.4 ...
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Intel postponed plans for factory in Poland as company’s financial situation deteriorates
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