US semiconductor company Intel has decided to invest 80 billion euros (about 110 trillion won) in Europe for semiconductor production, research and development over the next 10 years. To build a semiconductor factory in Magdeburg, Germany, at a cost of 17 billion euros (about 23 trillion won), to build a research and development (R&D) center in France, packaging and assembly facilities in Italy, and 12 billion euros (about 16 trillion won) in Ireland 400 billion won) to expand production facilities. As a result, the EUs production expansion competition for semiconductor independence against Asia will intensify, AFP predicted. Intel held a press conference on the same day and announced detailed plans for European semiconductor investment. Intel CEO Pat Gelsinger said at a press conference today that Intels investments will be made across the European Union (EU), from Spain to Poland, because there is a need for a more harmonious and resilient supply chain around the world. He said semiconductors are more important than ever, and are the brains that power essential digital technologies. The cornerstone of Intels investment in Europe is the semiconductor factory hub to be built in Magdeburg, East Germany, at an investment of 17 billion euros. Intel will start building the plant in the first half of 2023 and start production in 2027. In France, it plans to establish a research and development center near Paris. Research on Intels high-performance computing (HPC) and artificial intelligence (AI) design capabilities will be improved at the center, where a total of 1,000 people are employed. Intel will also set up a foundry design center in France. Intel also plans to expand its semiconductor production facility in Ireland at a cost of 12 billion euros and build a 4.5 billion euro (about 6.2 trillion won) packaging and assembly facility in Italy. Expansion of experimental facilities in Poland and establishment of a joint center with the Barcelona Supercomputing Center. The European Union (EU) enacted the EU Semiconductor Chip Act last month to respond to the global semiconductor supply shortage and reduce dependence on the US and Asia, and decided to invest 43 billion euros (about 59 trillion won) in the semiconductor sector from the public and private sectors. have done The goal is to achieve 20% of global semiconductor production in Europe by 2030. Currently, the share of semiconductor production in EU member states in the global market is only 9%. (Photo = Yonhap News)
