But Intel said it will be investing a further €12 billion between now and the end of next year on completing its currently under construction"Fab 34" plant in Leixlip, Co Kildare.
It was reported that a greenfield site in Oranmore in Co Galway was one of a number under consideration by the company. It will bring Intel 4 process technology to Europe and expand its foundry services, through which the company is to manufacture chips on behalf of other companies for the first time.
"We are proud of the contribution that we are making to the community and economy here in Ireland. And as the EU seeks to double its share of global microchip production over the next decade, Intel and Ireland are positioned in the vanguard of that strategic campaign," he added. "This very significant show of confidence, in Ireland and in our talented and skilled workforce, is a strong endorsement of our offering to investors," he said in a statement.
d'oh d'oh d'oh d'oh ....
rtenews oh no, all those corporate taxes that we wouldn't have gotten anyway!
Anything to do with our corporate tax rate hike?
rtenews that’s the start of it. FG Donahue and his European counterparts will be happy with that outcome
rtenews They will be built and operational before they would have even achieved planning approval here.
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