BERLIN : German Chancellor Olaf Scholz said on Tuesday that Intel is committed to its plan to build plants in eastern Germany despite the U.S. chipmaker's announcement that it is delaying construction by two years amid cost-saving measures.
BERLIN : German Chancellor Olaf Scholz said on Tuesday that Intel is committed to its plan to build plants in eastern Germany despite the U.S. chipmaker's announcement that it is delaying construction by two years amid cost-saving measures.
"It is important for us that we take this opportunity in this very volatile business of the semiconductor industry to help ensure that there is nevertheless a further expansion of the already profound capacities in Germany," he said. "This is now a purely business decision that has to do with corporate policy," said German Economy Minister Robert Habeck on Tuesday, adding that Germany was still committed to building up semiconductor production in Europe.
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