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Guru3D.com » News » Intel has decided to discontinue the development of the chip factory in UK due to brexit

Intel has decided to discontinue the development of the chip factory in UK due to brexit

by Hilbert Hagedoorn on: 10/08/2021 08:37 AM | source: | 26 comment(s)
Intel has decided to discontinue the development of the chip factory in UK due to brexit

Following the United Kingdom's exit from the European Union, Intel will cease building of a chip facility in the United Kingdom. According to the CEO of Intel, speaking to the BBC.

During an interview with the BBC, Intel CEO Pat Gelsinger stated that the United Kingdom had a "clear probability" of being chosen as the location for a new chip manufacturing facility prior to Brexit. However, with Brexit, we will look to other European countries for assistance, as well as to the European Union. "As of right now, we have over seventy offers for potential sites from ten different nations. We hope to have reached a decision by the end of the year "Gelsinger expressed himself in this way.

According to Gelsinger, Intel plans to invest up to eighty billion euros in European chip production over the next ten years, according to an interview published last month. These monies must be used for a variety of purposes, including the construction of two new chip plants. Earlier reports mentioned a twenty-billion-euro investment that would be used to construct two facilities, with production taking place at one location and packaging taking place at the other. According to more recent sources, production factories will now be established in two different places throughout the world. According to The Register, Belgium, the Netherlands, Germany, France, and Poland are all considered viable locations for chip manufacturing facilities.







« Gigabyte Showcases Its New Aorus Gaming Chair (and it's quite something) · Intel has decided to discontinue the development of the chip factory in UK due to brexit · GOODRAM has announced the release of IDRM RGB DDR4 memory modules. »

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Kaarme
Senior Member



Posts: 2900
Joined: 2013-03-10

#5953203 Posted on: 10/08/2021 10:04 AM
Apparently dairy farms in the UK are currently dumping milk into the sewer because nobody is coming to fetch the milk, and it would just get spoiled. That's just sad. Wasting food always makes me angry. If that's how things "work" in the Brexit UK for something as traditional as dairy farms, you can imagine how vulnerable an absolute high tech unit like a chip fabrication plant would be for costly disruptions.

Netherwind
Senior Member



Posts: 7996
Joined: 2009-11-13

#5953205 Posted on: 10/08/2021 10:17 AM
Brexit seems to be a success story. Well done!

emperorsfist
Senior Member



Posts: 1666
Joined: 2018-08-29

#5953224 Posted on: 10/08/2021 11:36 AM
Let's not descent into pointless politics, even if the topic makes it hard to do so...

emperorsfist
Senior Member



Posts: 1666
Joined: 2018-08-29

#5953225 Posted on: 10/08/2021 11:37 AM
Apparently dairy farms in the UK are currently dumping milk into the sewer because nobody is coming to fetch the milk, and it would just get spoiled. That's just sad. Wasting food always makes me angry. If that's how things "work" in the Brexit UK for something as traditional as dairy farms, you can imagine how vulnerable an absolute high tech unit like a chip fabrication plant would be for costly disruptions.

Yeah, wasting good food pisses me off as well. It's just a waste or resources.

fantaskarsef
Senior Member



Posts: 12990
Joined: 2014-07-21

#5953236 Posted on: 10/08/2021 12:12 PM
Intel takes some of it's cash to get away from China and Taiwan even more. I think that's a good business move, which sadly, will only pay off in the long run.
That they don't choose the UK still surprises me. Honestly, things are a bit turbulent there currently, but I think they will pull through one way or the other (saying it as an EU and mainland Europe citizen).


But what I liked most about this article was this phrase:

These monies must be used for a variety of purposes


I love "these monies". Maybe could have only been improved by the use of a Z at the end. And 100% serious, please hide such nice sentences that make me smile in all the articles. It's only for people really reading your posts @Hilbert Hagedoorn :)

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