Friday, December 24th 2021
Intel Said to be Considering Italy for European Chip Packaging Plant
Although Intel has already announced that it won't be making any decision with regards to its investments in Europe this year, new rumours courtesy of Reuters are now suggesting that Intel is eyeing Italy for an investment of €4 to €8 billion for a new, advanced semiconductor chip packaging plant. This largely leaves Germany and France as the options for Intel's so called "megafab" that the company is planning to build in Europe over the next few years.
Intel has already said it would invest around US$7 billion for a similar chip packaging plan in Penang, Malaysia, a location where Intel already has a chip packaging facility. When contacted by Reuters, Intel said "We are encouraged by the many possibilities to support the EU's digital agenda and 2030 semiconductor ambitions. While current negotiations are ongoing and confidential, we plan to make an announcement as soon as possible." The Italian government is also said to have some concerns with regards to how many jobs the plant will actually create, as well as what the energy costs will be, which could throw a spanner in the works if Intel doesn't provide the right answers.
Source:
Reuters
Intel has already said it would invest around US$7 billion for a similar chip packaging plan in Penang, Malaysia, a location where Intel already has a chip packaging facility. When contacted by Reuters, Intel said "We are encouraged by the many possibilities to support the EU's digital agenda and 2030 semiconductor ambitions. While current negotiations are ongoing and confidential, we plan to make an announcement as soon as possible." The Italian government is also said to have some concerns with regards to how many jobs the plant will actually create, as well as what the energy costs will be, which could throw a spanner in the works if Intel doesn't provide the right answers.
18 Comments on Intel Said to be Considering Italy for European Chip Packaging Plant
I mean, a large chunk of their population has moved to the Nordics or elsewhere, simply because there's more space there.
Can't say I'm a huge fan of Amsterdam, but I've only been there in winter and it's miserable. Last time I left Sweden at -17 and got to Amsterdam at around zero and I was so much colder there. Then again, the Netherlands any day over Belgium...
Hopefully Italy has some smart people running the country and get this done or some other country gets the deal.
People don't understand you here,easy boy!
So, when they say packaging plant, do they mean putting a finished product in a box or putting the die on the small pcb or both or other??? Lots of land here. Come and visit, or get a place for the summer. You can have a swarm of black flies and mosquitoes around the swamp garden around the house ;) You can tent out in my backyard, my lot is 99ftx132ft :)
All kidding aside, it is nice to have some green space around the home.
-17C, it's so nice when the daytime high hits that ;) I think it was -27C last night, about normal for this time of the year though at 48.47N