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Intel delays Germany, Poland chip factories for 2 years
Intel's financial crisis delays the development of mega fab factories in Poland and Germany despite heavy subsidies
Intel recently announced its plan to delay the construction of two mega chip-making factories in Germany and Poland. The chip maker attributed its decision to a lower demand for its chips than earlier anticipated.
Intel delays Germany, Poland chip factories for two years
Chip-making giant Intel on Monday said it was delaying its plans to build two mega chip-making factories in Germany and Poland as the company faces lower demand than anticipated. The announcement will come as a major blow to the German and Polish governments that have heavily subsidized the projects and touted them as a boost to their national industry.
Intel hits pause on chip fabs in Germany and Poland amid financial crisis
Intel has paused plans for new chip factories in Germany and Poland following its disastrous second quarter financial results. CEO Pat Gelsinger told staff yesterday that both projects were being put on hold for two years, while the opening of a new chip packaging plant in Malaysia could also be delayed.
NBC New York
17d
Poland holds a state burial for more than 700 victims of Nazi Germany's World War II massacres
Poland
held a state burial Monday for more than 700 victims of Nazi
Germany
’s World War II mass executions, whose remains ...
Yahoo
17h
Germany offering to send soldiers to Poland to help with floods
Germany
has offered to send
Poland
soldiers to help with its flood areas, but the details have not yet been agreed, the ...
BBC
53m
Did Hitler always want war?
After the invasion of Czechoslovakia, and then
Poland
, German aggression became clear. The youth indoctrination meant that
Germany
had many strong and committed young men to wage a war of ...
1d
on MSN
Rising rivers threaten southern Poland as flooding recedes elsewhere in Central Europe
Soldiers and residents in southwestern Poland are laying sandbags near swollen rivers around the city of Wroclaw to protect ...
9d
Poland says Germany's border control plans are 'unacceptable'
Poland has sharply criticized the German government's plans to introduce temporary controls at all of Germany's land border ...
1d
Inter Milan Captain To Be Benched For Champions League Showdown Vs Man City – Iran, Poland & Germany U21 Stars Get The Nod
Inter Milan captain Lautaro Martinez is set to be benched for this evening’s Champions League clash with Man City, with Mehdi ...
2d
on MSN
Central Europe flooding leaves 16 dead in Romania, Poland, Czech Republic and Austria
WARSAW, Poland (AP) — Massive floods pounded Central Europe on Monday, killing four more people in Poland and one in the ...
2d
Budapest and Poland's Wroclaw reinforce their river banks ahead of more flooding in central Europe
WARSAW, Poland (AP) — Soldiers dropped sandbags from military helicopters to reinforce river embankments and evacuated ...
4d
on MSN
Germany angers European neighbors as it tightens migration along all land borders
Germany has announced plans to tighten control at all of its land borders as part of a crackdown on migration, placing ...
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