Germany is in intensive talks with Intel on plans to set up a new chip-making complex on its soil, the economy ministry said on Friday, without commenting on how much state funding the company was set to receive for the project.
“The goal of the government is clear: We want to strengthen Germany as a location for microelectronics. This is highly important for transformation and technological sovereignty, and for this reason we are conducting intensive talks,” a ministry spokesperson said.
She did not say how much the company would receive in state subsidies for the site in the central German city of Magdeburg.
Germany in intensive talks with Intel
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