Intel invests 17 billion euros in German chip factories
FHI, Federation of Technology Industries – March 15, 2022
- Intel wants to invest 17 billion euros in the construction of two chip factories in Magdeburg, Germany. The new factory should make Europe less dependent on chip manufacturers in Asia. Intel also promises to make major investments in other European countries, writes The New York Times. In total this amounts to 33 billion euros.
- Finance ministers in the EU have reached agreement on imposing a CO2 tax on certain goods and raw materials from countries with lower environmental and climate requirements than the Netherlands. The so-called Carbon Border Adjustment Mechanism applies, among other things, to the import of cement, fertilizer, steel, iron, aluminum and electricity, writes Bloomberg.
- Due to a corona outbreak, electronics production in the Chinese city of Shenzen has largely come to a standstill. Foxconn, among others, is affected by the measures, writes NRC.
- In the worst scenario, the government may be forced to disconnect from the network in entire parts of the Netherlands in the event of a serious gas shortage. That writes the AD in an interview with climate minister Jetten. The government has now drawn up emergency plans for this.
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