18:13 - 16.06.2023

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June 16, Fineko/abc.az. Intel Corporation plans to invest up to $4.6 bn in a new semiconductor assembly & testing plant near Wroclaw in Poland.

ABC.AZ reports that according to Intel, this is part of company's multibillion-dollar investment project on expansion of production facilities in Europe.

Last year, the American chip manufacturer announced plans to build a large complex in Germany, as well as enterprises in Ireland and France.

Intel is seeking to take advantage of preferential financial regulations and subsidies from the European Commission, as the European Union seeks to reduce its dependence on supplies from the U.S. and Asia.

The new plant in Poland will employ 2,000 employees, and several thousand additional jobs will be created during the construction and hiring of suppliers, the company explains.