Intel agrees to establish a new wafer factory over 3.5 trillion yen in Israel, scheduled to operate by 2027
Major semiconductor maker Intel has announced that it will build a new manufacturing plant in Kiryat Gat, Israel, as part of its efforts to move manufacturing out of Asia. Intel plans to partner with the Israeli government to build a new factory at a cost of $ 25 billion (about 3.5 trillion yen).
Intel to invest $25B in Israeli chip manufacturing plants - SiliconANGLE
Intel to Build in Israel as Chipmakers Move Beyond East Asia - Bloomberg
https://www.bloomberg.com/news/articles/2023-06-18/intel-to-build-25-billion-plant-in-israel-s-largest-investment
Intel to invest $25 billion in Israel factory in record deal, Netanyahu says | Reuters
https://www.reuters.com/technology/intel-build-25-bln-factory-largest-foreign-investment-israel-netanyahu-2023-06-18/
On June 18, 2023, local time, Israel's Ministry of Finance and Prime Minister Benjamin Netanyahu announced that they had signed a preliminary agreement with Intel to build a semiconductor manufacturing plant in Kiryat Gat. In addition, Bloomberg reports, 'Intel acknowledged its' intention to expand manufacturing capacity 'in Israel, but did not disclose the terms and details of the contract.'
According to sources, Intel will build a factory in Israel for wafer manufacturing, which is being promoted by Intel CEO Pat Gelsinger ` `to expand manufacturing bases outside of Asia, which accounts for the majority of chip production. It seems that it is one of the measures of Bloomberg reported, `` CEO Gelsinger is trying to recapture his position as a `` chipmaker pioneer '' that has been robbed by companies such as NVIDIA and TSMC .
Prime Minister Netanyahu has described the deal as ``the largest foreign investment in Israel's history'' and has appealed that Intel's investment amounted to $ 25 billion. However, Bloomberg reported that ``This amount is the total amount so far, and includes the $10 billion (about 1.4 trillion yen) investment announced in 2021.''
According to Israeli government officials, the project will add thousands of new jobs to Intel's current workforce of about 12,000 in Israel. The new factory, which will be built on the same land as Intel's existing factory in Kiryat Gat, is expected to be operational by 2027 and to be operational until at least 2035, the Israeli Finance Ministry said. doing.
Also, as part of this deal, the tax rate Intel pays in Israel will be raised from the current 5% to 7.5%. On the other hand, as part of the agreement with the Israeli government, Intel can receive government subsidies equivalent to 12.8% of the total investment.
Intel has just announced that it will establish a new factory in Wroclaw, Poland on June 16, 2023. It is reported that Intel will establish a new semiconductor assembly and inspection factory in Poland, with an investment of up to $ 4.6 billion (about 650 billion yen).
Intel to invest up to $4.6 billion in new factory in Poland | Reuters
https://jp.reuters.com/article/intel-europe-poland-idJPKBN2Y20ML
Bloomberg introduces the shift of manufacturing bases by Intel as the latest example of diversification of manufacturing bases triggered by the deterioration of relations between the United States and China.
In addition, Intel plans to invest 12 billion euros (about 1.9 trillion yen) in Ireland to double the manufacturing space of the factory and expand the foundry service. If this is completed, Intel's total investment in Ireland will exceed 30 billion euros (about 4.7 trillion yen).
In addition, Intel is working to complete the acquisition of Tower Semiconductor, announced more than a year ago. Intel aims to complete the deal and strengthen its position in the chip foundry industry dominated by TSMC.
Intel announces acquisition of Israeli foundry 'Tower Semiconductor' for about 620 billion yen - GIGAZINE
by Morton Lin
Intel has been operating in Israel since 1974 and has research and development centers in areas such as Haifa, Jerusalem, Yakum, and Petah Tikva. And there is a global development center for Mobileye, Intel's self-driving car business, in Kiryat Gat, where the factory will be newly established, and the company calls this facility the `` most advanced manufacturing facility ''.
Intel's intention to expand its manufacturing footprint around the world is 'driven as a commitment to meet future manufacturing needs and support Intel's IDM 2.0 strategy, and we appreciate the Israeli government's continued support.' I will.”
Intel announces 'IDM 2.0' aiming to expand foundry services by investing over 2 trillion yen, and points out that 'we are planning to manufacture Apple Silicon' - GIGAZINE
Related Posts:
in Hardware, Posted by logu_ii