In an unstable business environment, where US companies are scaling back and weathering bad times, Intel has made a surprising business move. The chipmaker announced in January that it will invest $2.7 billion in its Israeli plant in southern Israel, which will produce next-generation 22-nanometer chips.We have yet to see would-be boycotters of Israel giving up their computers.
It is expected that 22-nanometer technology will make our computers faster, smaller and lighter.
Not willing to elaborate on what exactly this will mean for our everyday lives, Intel Israel's spokesman Koby Bahar tells ISRAEL21c that "it will be the most advanced technology" available.
"Intel decided to invest here because it's worthwhile," he says. "Because we have a good record for Israel and Intel."
Currently, Intel produces processors that run more than 80 percent of the world's personal computers. If you own a PC, chances are a part of it was produced in or developed in Israel.
Wednesday, February 09, 2011
Epic BDS fail: Intel invests another $2.7 billion in Israel