Intel to roll out 7nm products in Ireland
Yesterday’s policy statements from Intel’s new CEO mentioned the company’s plans to build new facilities in Europe that will serve third-party customers. The vice president of the Irish division of the company explained that local enterprises would produce 7nm products, and Intel’s European production capacity will be more than doubled.
Intel’s presence in Europe is not limited to Ireland. However, in this country, the company has been developing production facilities since 1989, having invested at least $ 15 billion during this time. The pace of investment is accelerating since only in the last couple of years has Intel allocated $ 7 billion to develop the Irish site. Expansion of local businesses began a couple of years ago when Intel set itself to defeat capacity shortages. With the completion of the expansion and restructuring of local facilities, Intel will produce more than double the number of processors in Ireland.
As Eamonn Sinnott, vice president of Intel Ireland, explained, the company’s actions will contribute to achieving the European authorities’ goal. By the end of the decade, at least 20% of all European products should be produced using advanced lithographic technologies. Over time, the production of 7nm products will be established in Ireland. Intel employs about 10 thousand Europeans, the company has representative offices in Germany, Poland, France, and many other countries, but about half of the state is concentrated in Ireland. After completing the construction of new production buildings in this country, about 1,600 new jobs will be created.
