Intel plans $5 billion investment in Israel by 2020
Cohen and other ministry officials earlier in the day met with Intel executivesChipmaker Intel plans to invest $5 billion to expand production at its Kiryat Gat plant in Israel in the next three years, Israeli Economy Minister Eli Cohen said on Wednesday. US lawmaker asks Intel, others for briefing on chip flawsCohen and other ministry officials earlier in the day met with Intel executives. He said Intel would start expanding its plant in Israel this year and the investment would be completed by 2020. Toshiba considering IPO for memory chip unitA spokesman for Intel in Israel declined to comment. Read full story
Source: The Express Tribune February 21, 2018 13:06 UTC
