Intel is planning to build its new factory at Kiryat Gat, the Globes news website reported earlier on Monday.Via: Reuters
The agreement with Israel could include an exemption from the tender obligation with the government, and Intel is already preparing physical infrastructure to build the plant in Kiryat Gat, the report added.
Intel said it will submit a business plan to the Government of Israel for continued investment in the company’s Kiryat Gat manufacturing site.
The chipmaker said it will not disclose any details, including the schedule, costs and technologies of the new project in Israel.
Intel to invest $10.9 billion in new chip plant in Israel
Posted on Tuesday, Jan 29 2019 @ 10:27 CET by Thomas De Maesschalck