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Germany rejects an increase in the subsidy to Intel for the construction of a semiconductor plant in its country


Germany rejects an increase in the subsidy to Intel for the construction of a semiconductor plant in its country



Today we knew one investment by the European Commission of 8,100 million euros to boost the European supply chain in terms of semiconductors. This investment has been reinforced by 13,700 million more from private capital, to add about 22,000 million euros investment. today too we know that Germany has rejected a request by Intel for a increase in subsidy What should I receive for the construction of a plant in Germany.

Geeknetic Germany rejects an increase in the subsidy to Intel for the construction of a semiconductor plant in his country 1

Specifically, German Finance Minister Christian Lindner has rejected Intel’s demand to increase a subsidy that should be 6.8 billion euros up to 10,000 million. This increase is due to a higher cost in the construction of this plant and the energy used. Germany has sincerely replied, indicating that “There is no more money available in the budget” and what are they trying to consolidate the initial budgetwithout the possibility of expanding it.

Geeknetic Germany rejects an increase in the subsidy to Intel for the construction of a semiconductor plant in his country 2

intel intends build a semiconductor factory in Magdeburg, boost a factory in Ireland, a packaging factory in Italy and a research center in France. All this as part of a investment of 80,000 million euros to expand its semiconductor business by Europe. At the moment Intel has not responded to this rejection in the increase in the subsidy requested from the German government.

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Article Editor: Juan Antonio Soto

Juan Antonio Soto

I am a Computer Engineer and my specialty is automation and robotics. My passion for hardware began at the age of 14 when I gutted my first computer: a 386 DX 40 with 4MB of RAM and a 210MB hard drive. I continue to give free rein to my passion in the technical articles that I write at Geeknetic. I spend most of my free time playing video games, contemporary and retro, on the 20+ consoles I own, in addition to the PC.

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