Intel is among Ireland's largest industrial employer and in terms of jobs (about 2,500), it is in the top 10 in the
FDI (foreign direct investment) rankings with Henry Ford's tractor plant which he built in his father's home county of Cork in
1917 on top.
Intel Ireland was granted planning permission for the construction of a new fab
plant where it will produce the next generation of 14 nanometer processors.
An official confirmation of the project would provide additional jobs of about
800 and thousands of construction jobs.
2010, Paul Otellini, the then CEO, said at the Technology Policy Institute's
Aspen Forum: "I can tell you definitively that
it costs $1bn more per factory for me to build, equip, and operate a
semiconductor manufacturing facility in the United States."
Ninety per cent of that additional cost of a $4bn factory is not labour but the
cost to comply with taxes and regulations that other nations don't impose."
official in the Israeli economy ministry told Yedioth Ahronoth - - Israel's most
widely-read daily newspaper - - last week, that the government is in negotiations
talking with us about a huge investment of $10bn," Nahum Itzkovich, the
new director of the economy ministry's Investment Centre, said in his first
interview since assuming office. "We are engaged in intensive negotiations with
Under discussion is an investment of $3bn to upgrade the existing Fab 28 factory
in the southern town of Kiryat Gat, and another $7bn in a new factory in the
town over the course of 10 years, he said.
reported last February that Intel's exports, which rose 109% from $2.2bn in 2011, were boosted by the start of production of chips using 22
nanometer technology at its Kiryat Gat plant, which is now operating at full
Intel, the world's No. 1 chipmaker, will build chips over the next two to three
years with features measuring just 14 nm in Ireland and the United States, but
the company is already thinking about where it will produce 10 nm chips. The
narrower the features, the more transistors can fit on a single chip, improving
Intel Israel executives said they would like to see 10 nm production in Israel.
"The average life of a technology is two to six years so we need to be busy to
get the next technology, 10 nanometer," Maxine Fassberg, general manager of
Intel Israel, told a news conference. "We need to get a decision far enough in
advance to be able to upgrade the plant. So for 10 nanometer, decisions will
need to be made this year."
Intel has invested $10.5bn in Israel in the past decade, including $1.1bn in 2012, and has received $1.3bn in government grants.
The company accounted for 20% of Israel's high-tech exports last year and 10% of
its industrial exports, excluding diamonds.
Yedioth Ahronoth said that parts
of Haswell processor, which is making its way to nearly all new computers around
the world, was developed by team of 80 Israelis in chip giant's Haifa, Yakum
ZDNet, the online tech service,
says: "Intel, has been instrumental in the company's catch-up efforts, with
Israeli teams producing its system-on-a-chip (SoC) chipsets, combined
Bluetooth-and-Wi-Fi chips, connectivity systems (in the form of Thunderbolt),
The fruits of its labours are now beginning to show. Samsung recently introduced
its Galaxy Tab 3 tablets, all of which use Intel's Clover Trail+ line of SoC
processors - - developed by teams led by Intel in Jerusalem. And while many
devices (including those made by Apple, Qualcomm, and many others) have 'Israel
Inside' technology, the development of Cloverview SoC's had some unique aspects,
according to Aviad Hevrony, the front end design manager for Intel Israel's
Intel's last overseas investment was made in Ireland and if it does not build a
factory in Israel this time the country could find itself no longer relevant to
Intel, Itzkovich said.
"We are talking about a manufacturing facility that has incredible impact on the
Israeli economy," he said. "That said, it is incumbent upon us to examine the
worthwhileness and to explain to the public what the benefits are and what the
considerations are if we approve the investment."
Check out our
, at a low annual charge of €25