Starting next year, Intel's European expansion will enter an active phase of growth, according to anonymous informants Bloomberg . According to the publication, the American electronics developer plans to create the largest enterprises associated with the production of microcircuits in France, Italy and Germany. Intel is ready to spend on the implementation of projects $ 28 billion of its own funds, and also expects to attract additional investment from local authorities.
Intel and other chipmakers are looking to combine their business growth with addressing the global chip shortage. Over the past two years, leading countries have realized the importance of the semiconductor sector in the lives of many industries. The shortage of chips amid the pandemic affected not only the developers of consumer electronics, but also the largest auto concerns and industrial enterprises. Almost all suppliers, including TSMC, Samsung and Intel, volunteered to fight the crisis. The latter said it would focus on the European region, but until that moment the details of Intel's strategy were unknown.
Now it has become clear that Intel is focusing on three countries. France will be home to a new research and development center. Within the regions, Intel will design next-generation chips, validate their reliability, and work with industry partners to optimize their solutions.
In Italy, the company will build a testing and assembly plant, the cost of which, according to insiders, will range from $ 9 billion to $ 10 billion. The exact possibilities and purpose of the enterprise are unknown, but given the volume of investments, this will not be the company's largest plant. Apparently, the production capacity will be dedicated to specific tasks.
In Germany, the local facility will become Intel's flagship plant in Europe.
As a rule, the construction of large enterprises in the industry costs about $ 20 billion and, according to informants, building a factory in Germany will cost Intel exactly that amount. The German company will also receive the most modern equipment, which, however, becomes obsolete on average within five years.
There is no information yet on what technical processes the chips will be produced at at all three enterprises.
Intel announced in September that it plans to invest up to $ 95 billion in new European factories by 2030. At the same time, CEO Pat Gelsinger said that technology is getting better, and modern cars are turning into "computers with wheels." Therefore, Intel wants to establish partnerships with leading carmakers, most of which are based in Europe.
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