Intel plans to build a modern chip packaging factory in

Intel plans to build a modern chip packaging factory in northern Italy

The Italian government and Intel have chosen the municipality of Vigazio, near Verona, in the Venice region in the north of the country, as the preferred site for the construction of a large microchip manufacturing plant. This is just part of Intel’s plan, announced last March, to invest 80 billion euros in new manufacturing facilities in Europe over the next ten years.

    Image source: Intel

Image source: Intel

Investments of 4.5 billion euros are initially planned for Italy, but this could increase in the future. Intel said the plant in the country will create 1,500 jobs within the company itself and 3,500 jobs at the company’s suppliers and partners. Production will start between 2025 and 2027. In particular, the company will organize the assembly and packaging of chips according to new technological solutions.

According to Reuters sources, the parties detailed the nuances of the agreement in early September. Intel and Italian officials declined to comment, saying negotiations are ongoing and confidential.

The municipality of Vigazio near Verona is close to the motorway and the Brenner railway – another area in the Piedmont region was also included in the “short list” of possible building sites. One of the reasons for choosing Vigasio is the region’s connection to Germany, specifically Magdeburg, where Intel plans to build two more factories, according to sources. It is known that the possibility of building the company’s factories in other Italian provinces was also considered earlier.

Close associates of outgoing Italian Prime Minister Mario Draghi will hold behind-the-scenes talks with successors to reach an agreement with the semiconductor maker. Earlier it was reported that official Rome is ready to invest 40% of all Intel’s planned costs in Italy. It is necessary for the draft treaty to be endorsed by the new government before the deal is finalized, which is likely to announce the deal.

Rome is also known for holding talks with Franco-Italian company STMicroelectronics, Taiwanese chipmakers MEMC Electronic Materials and TSMC, and Israeli company Tower Semiconductor, which Intel acquired earlier this year to develop the semiconductor industry.


About the author

Dylan Harris

Dylan Harris is fascinated by tests and reviews of computer hardware.

Add Comment

Click here to post a comment