 |  |  |  |  |
Intel holding Germany to ransom
| |||||||||
|
Intel holding Germany to ransom
| | |||||||
 |
 |
| | Thread Tools |
10th March 2023, 13:39
| #1 |
| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,652
 |  Intel holding Germany to ransom Give us more subsidy or we will take our foundry somewhere else Intel is seeking to extract more financial subsidies for its German factory, whose construction is currently on hold. Bloomberg reported that Intel is seeking an additional 4 billion to 5 billion euros in subsidies from the German government to build a chip manufacturing complex in the country. This is on top of the $7 billion which the Germans had already agreed to pay. Intel claims that its new calculations showing it needed almost 10 billion euros of government funding. In September 2021 CEO Pat [kicking] Gelsinger said Intel could potentially invest as much as 80 billion euros to expand chip production in Europe. https://fudzilla.com/news/pc-hardwar...many-to-ransom |
|  |
|
Similar Threads | ||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Intel plans to build a $19 billion chip plant in Germany | Stefan Mileschin | WebNews | 0 | 16th March 2022 04:40 |
| Intel's Mobileye will test self-driving cars at up to 80 MPH in Germany | Stefan Mileschin | WebNews | 0 | 20th July 2020 07:05 |
| Google is holding its speakers for ransom | Stefan Mileschin | WebNews | 0 | 26th June 2020 07:49 |
| Big Tech pays a king's ransom to lobby politicians | Stefan Mileschin | WebNews | 0 | 25th January 2019 06:54 |
| Cryptocurrency expert kidnapped for $1 million bitcoin ransom | Stefan Mileschin | WebNews | 0 | 2nd January 2018 05:57 |
| HBO hackers return with exec emails and a ransom demand | Stefan Mileschin | WebNews | 0 | 10th August 2017 06:04 |
| Two Asian bank websites held ransom for bitcoin | Stefan Mileschin | WebNews | 0 | 18th May 2015 09:03 |
| Google and Intel will be co-holding a Chrome OS event next week | Stefan Mileschin | WebNews | 0 | 5th May 2014 07:53 |
| Intel in holding pattern for Ultrabooks | Stefan Mileschin | WebNews | 0 | 16th May 2013 09:02 |
| Hackers Steal Revenge of the Sith, Demand Ransom | jmke | WebNews | 4 | 27th August 2004 18:14 |
| Thread Tools | |
| |
