13:49 17 September 2024
Intel postponed plans for factory in Poland as company’s financial situation deteriorates
Intel has postponed its plans to build semiconductor factories in Germany and Poland until 2026 due to its worsening global financial situation, as announced by Poland’s Ministry of Digital Affairs. This includes halting a $4.6 billion investment in a semiconductor integration and testing facility in Miękinia, near Wrocław, where 2,000 jobs were planned. Poland was set to provide PLN 7.4 billion in public aid for the project. Despite the delay, the Polish government remains open to supporting other semiconductor investments and streamlining future projects.
Intel's decision comes amidst cost-cutting efforts and market challenges. The company employs over 121,000 people globally, including around 10,000 in the EU.
(wnp.pl)
