Intel holds out for more cash in Israel
 

Troubled fashion bag maker Intel is considering what it should do about the location of a new multi-billion dollar semiconductor plant using new 10 nanometer technology.

Israel is one of a number of countries competing to host the new plant and Intel appears to be dragging its feet on making a decision, probably because it does not want to spend too much dosh when things are not going that well.

Maxine Fassberg, general manager of Intel Israel, told a news conference that Intel will make its decision as late as possible. Until it needs to, Chipzilla will not decide. However, she pointed out that the next technology it has will come this year.

Intel has already held talks with the Israeli government, which must offer incentives to be competitive, said Fassberg, manager of Intel's Fab 28 plant in the southern town of Kiryat Gat.

http://news.techeye.net/chips/intel-...cash-in-israel