{"id":302737,"date":"2021-10-07T16:15:01","date_gmt":"2021-10-07T16:15:01","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=329493"},"modified":"2021-10-07T16:15:01","modified_gmt":"2021-10-07T16:15:01","slug":"intel-closes-the-door-on-uk-chip-factory","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/10\/07\/intel-closes-the-door-on-uk-chip-factory\/","title":{"rendered":"Intel closes the door on UK chip factory"},"content":{"rendered":"

<\/p>\n

\tIntel CEO Pat Gelsinger will no longer consider the UK as a potential site for establishing a chip factory following the nation\u2019s withdrawal from the European Union (EU), with the chipmaker shifting focus to investment options covering bloc members instead.<\/p>\n

Gelsinger told the BBC the company has now set its eyes on EU countries and was receiving support from the bloc for a move which could see it invest $95 billion in the region in the next ten years, aimed at new and upgraded chip factories in Europe, alongside a push in its US operations [1].<\/p>\n

Following Brexit, the company is said to have received about 70 proposals for sites from approximately ten countries in Europe.<\/p>\n

Its chief told the BBC Intel hoped to seal an agreement for a site construction, alongside backing from the union, before year-end.<\/p>\n

The move in Europe reportedly aims to reduce the semiconductor sector\u2019s reliance on Asia in times of tension due to an ongoing global chip shortage [2].<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/intel-puts-20b-into-major-chip-manufacturing-move
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/intel-sees-chip-shortage-bottoming-this-year<\/p>\n\n

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Intel CEO Pat Gelsinger will no longer consider the UK as a potential site for …<\/p>\n

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