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Top related persons:
chipmaker - 2 Pat Gelsinger - 2 Gelsinger - 2 Karol Badohal - 2 Supantha Mukherjee - 2 hadn't - 1 Marcin Fabianowicz - 1 Fabianowicz - 1
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WROCLAW Poland STOCKHOLM Europe Germany U.S Wroclaw Wrocław
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Intel - 2 Thomson - 2 Wroclaw - 1 Polish Investment and Trade Agency - 1 Industrial Development Agency - 1 PepsiCo - 1 Taiwan Semiconductor Manufacturing Corp - 1 Labour - 1

Search resuls for: "Karol Badohal Supantha Mukherjee"


2 mentions found


☆ How Poland snagged Intel's multi-billion dollar investment
  + stars: | 2023-06-22 | by ( Karol Badohal Supantha Mukherjee | Karol Badohal | Supantha Mukherjee | ) www.reuters.com   time to read: +5 min
In the face of an unprecedented semiconductor shortage, Europe is offering billions of euros in subsidies to reduce its dependence on Asia. In return, Intel is committing big sums and with Germany already bagging a 30 billion euro investment, Poland decided to crash the party. Poland initially impressed Intel executives with the speed in which it responded to queries and addressed concerns, Intel said. "When we began the process, we hadn't considered Poland," Intel CEO Pat Gelsinger told Reuters. But when Intel announced its European investments in March 2022, Germany was awarded a major factory in Magdeburg while Intel told Poland it would only expand its existing facility in Gdansk.
Persons: chipmaker, hadn't, Pat Gelsinger, Gelsinger, Marcin Fabianowicz, Fabianowicz, Sroda Slaska Adam Ruciński, TSMC, Jakub Mazur, Karol Badohal, Supantha Mukherjee, Matt Scuffham, Elaine Hardcastle Organizations: Wroclaw, Intel, Reuters, Polish Investment and Trade Agency, Industrial Development Agency, PepsiCo, Taiwan Semiconductor Manufacturing Corp, Thomson Locations: WROCLAW, Poland, STOCKHOLM, Europe, Asia, Germany, U.S, Wroclaw, Polish, Magdeburg, Gdansk, Sroda Slaska, Wrocław, Taiwan, Stockholm
☆ Intel to invest $4.6 billion in new chip plant in Poland
  + stars: | 2023-06-16 | by ( Karol Badohal Supantha Mukherjee | Karol Badohal | Supantha Mukherjee | ) www.reuters.com   time to read: +3 min
The facility in Poland will employ 2,000 workers and create several thousand additional jobs during the construction phase and hiring by suppliers, the company said in a statement. "Poland was just a little bit hungrier to win this site," Intel CEO Pat Gelsinger said in a news conference. Handelsblatt newspaper reported on Thursday that the German government and Intel were close to an agreement for 9.9 billion euros ($10.83 billion) in subsidies, up from a previously agreed 6.8 billion. The level of any subsidy offered to Intel by Poland was not made public during Friday's announcement. Mateusz Morawiecki, prime minister of Poland, called Intel's factory "the largest greenfield investment in the history of Poland".
Persons: chipmaker, Pat Gelsinger, Gelsinger, Olaf Scholz, Mateusz Morawiecki, Karol Badohal, Supantha Mukherjee, Jason Neely, Conor Humphries Organizations: Intel, Labour, AMD, Nvidia, Samsung, Thomson Locations: Poland, WROCLAW, STOCKHOLM, Wrocław, Europe, U.S, Germany, Ireland, France, Berlin, Wroclaw, Stockholm
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