Yesterday’s policy statements from Intel’s new CEO mentioned the company’s plans to build new facilities in Europe that will serve third-party customers. The vice president of the Irish division of the company explained that local enterprises will be able to produce 7nm products, and Intel’s European production capacity will be more than doubled.
Intel’s presence in Europe is not limited to Ireland, although it is in this country that the company has been developing production facilities since 1989, having invested at least $ 15 billion during this time.The pace of investment is accelerating, since only in the last couple of years Intel has allocated $ 7 billion for the development of the Irish site. Expansion of local businesses began a couple of years ago when Intel set itself the goal of defeating capacity shortages. With the completion of the expansion and restructuring of local facilities, Intel will be able to produce more than double the number of processors in Ireland.
As Eamonn Sinnott, vice president of Intel Ireland, explained, the company’s actions will help to achieve the goal set by the European authorities – by the end of the decade, at least 20% of all products in Europe should be produced using advanced lithographic technologies. Over time, the production of 7nm products will be established in Ireland. In total, Intel employs about 10 thousand Europeans, the company has representative offices in Germany, Poland, France and many other countries, but about half of the state is concentrated in Ireland. After the completion of the construction of new production buildings, about 1,600 new jobs will be created in this country.
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