Intel Plans New Chip Plant In Israel

Processor 721 Published by

According to an article in the Yedioth Ahronoth newspaper, Intel plans to build another chip manufacturing plant in southern Israel by 2012 at a cost of $2.5 billion.

"The newspaper said Intel executives had been holding meetings with Israeli government officials to determine whether the company would be eligible to receive grants for the plant. Intel's $3.5 billion Fab 28 plant in the southern Israeli town of Kiryat Gat started mass production in February of 45 nanometre-wide processors. It will reach full production capacity by the end of the year. Intel received a state grant of $525 million for Fab 28."



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