New Intel factory: 70 locations in ten EU countries apply

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New Intel factory: 70 locations in ten EU countries apply

Image: Intel

The battle for the new Intel factory will also be an exciting one in Europe, and in the end it will probably be a tough one. According to the CEO, there are 70 potential locations on the list, which were submitted as proposals from around ten countries.

Intel CEO Pat Gelsinger explained this in an interview with the UK BBC. He also rubbed salt into the Brexit wound by explaining that Great Britain would of course also have had a chance to get the new Intel factory in Europe, but after leaving the EU this possibility was completely off the table. Gelsinger repeated statements made earlier that Intel would like subsidies from the EU.

It was to be expected that there would also be a race for the location in Europe. For the first time, Intel has now publicly named a number that is significantly higher than what was previously known. Most recently, it was said that in addition to locations in Germany, Italy and France as well as Belgium, the Netherlands and Poland were hoping for the factory. In the end, however, there are still four other countries missing, not to mention the countless locations in each country – there are around 70 suggestions in total. In Germany, there has been talk of Bavaria and Saxony in the media, who allegedly threw their hats into the ring. It is not known whether these are all.

Intel aims at at least 40 percent promotion, was last thrown as a number in the room. The EU would assume a large part of these costs, a multi-billion dollar funding program was launched last year and decided in the summer of this year. The states and ultimately also individual federal states should make the location more attractive to Intel with other temptations such as tax breaks for decades.

In the end, a win-win situation should arise: The EU would get its domestic chip production, Intel the factories and more capacity. The future has to show who will really be the winner. However, it is likely that Intel, TSMC and Samsung will all proceed in the same way when it comes to these questions.

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