The American chip group wants to build a new plant in Magdeburg. That could attract other international semiconductor manufacturers.
(Photo: dpa)
Munich Curiosity has been aroused: More and more semiconductor companies are looking for a location in Germany after Intel decided to invest billions in Magdeburg in spring “Interest in Germany has increased, there are now more inquiries from chip companies about building factories”, said Max Milbredt, electronics expert at the federal agency Germany Trade and Invest (GTAI), the Handelsblatt.
As the first foreign group in almost three decades, the US group Intel is planning a new plant in Germany. The number two in the industry wants to spend 17 billion euros. Before that, it was rival AMD that had built factories in Dresden on a large scale from the late 1990s. Today they belong to Globalfoundries.
Milbredt believes that other international chip manufacturers could soon follow Intel’s example. The settlement in Saxony-Anhalt has a positive effect: “Europe and Germany in particular are now being taken seriously as an investment location for the semiconductor industry.” However, the manager did not name names.
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