Featured Articles

Apple iPad Air 2 costs $275 to build

Apple iPad Air 2 costs $275 to build

IHS has told Recode that the Apple iPad Air 2 16GB Wifi costs only $275 to build -- not bad…

More...
LG sells 16.8 million smartphones in Q3 14

LG sells 16.8 million smartphones in Q3 14

As Samsung is losing market share, another Korean company, which many had written off, is gaining.

More...
LG G Watch R EU price set at €299

LG G Watch R EU price set at €299

LG G Watch R is probably the best looking Android Wear device on the market and many have been waiting for…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 20 June 2011 12:38

Intel planning further expansion at Kiryat Gat

Written by Nick Farell
intel_logo_new

Wants to step up 15 nm production
An application to the Israeli government has indicated that Intel wants further expansion of its fab in Kiryat Gat. The plan is to produce in two or three years silicon wafers with the innovative 15-nanometer technology.

If the upgrade is carried out, Intel's Kiryat Gat fab will become one of the multinational's most advanced fabs. Chipzilla wants to invest $4.8 billion and expects a 600 million if it does it. Intel Israel will hire 1,300 additional employees.

The expansion plan follows another grant which was awarded six months ago, a $200 million grant to upgrade the Kiryat Gat fab. The upgrade is currently underway.

Word on the street is that the Israeli Ministry of Industry, Trade and Labor is considering awarding the grant conditional on Intel opening its next fab in Beit She'an, in order to expand employment there.


Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments