Intel to Further Increase Foundry Investment

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www.businesskorea.co.kr, Mar. 17, 2022 – 

Intel announced on March 15 that it would invest 40 billion euros in Europe for 10 years to come.

Specifically, it is going to invest 17 billion euros in Germany to build two semiconductor production plants while setting up an R&D and design center in France. The investment will go to Ireland, Italy, Poland and Spain as well. Two months ago, Intel said it would invest US$20 billion in Ohio. In short, the company is aggressively increasing its investment after its return to the foundry market.

The investment in Germany will be made in Magdeburg and 12 billion euros will go to Ireland for production facility expansion. The R&D center in France will be in charge of Intel's high-performance computing and AI design in Europe. Backend production facilities will be built in Italy and its research center in Poland will be expanded.

Foundry market leader TSMC is also increasing its investment. The Taiwanese company said in January that it would increase its capex to US$44 billion this year.

Samsung Electronics is sandwiched in-between. Although it is trying to make a breakthrough by takeover, the plan is being delayed for now. Its current investment plans add up to 171 trillion won, including 20 trillion won for foundry construction in Texas.

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