• Home
  • About
  • Privacy Policy
  • Contact
Tech News, Magazine & Review WordPress Theme 2017
  • Home
  • News
    • E-Business
    • Security
    • Digital Culture
  • How To
  • Review
  • Laptops
  • Device
    • Accessories
    • Smartphone
    • Cameras
    • Review
    • Smartwatch
  • Apps
  • Game
  • Social Media
  • Electric Vehicles
No Result
View All Result
  • Home
  • News
    • E-Business
    • Security
    • Digital Culture
  • How To
  • Review
  • Laptops
  • Device
    • Accessories
    • Smartphone
    • Cameras
    • Review
    • Smartwatch
  • Apps
  • Game
  • Social Media
  • Electric Vehicles
No Result
View All Result
Teknowire
No Result
View All Result
Home News E-Business

Build World’s Largest Chip Factory, Intel Prepares US $ 20 billion

Charles Khan by Charles Khan
January 23, 2022
Intel Chip
Share on FacebookShare on Twitter

In order to build a chip factory that is billed as the largest in the world, the US technology company, Intel has prepared a fund of 20 billion US dollars.

Reported by Reuters on Saturday (22/1/2022), the factory will be established in Ohio in the form of a complex building and is promised to be able to answer global chip needs which are currently experiencing shortages.

It is one of the strategies of Intel CEO, Pat Gelsinger to return to dominate the chip market and compete more fiercely with chipmakers in Asia.

“This will be the largest semiconductor manufacturer on the planet,” said Pat describing the plan.

The development plan will also be the largest investment in Ohio. Later, there will be 3000 jobs created at the location and able to generate revenue of 100 billion US dollars annually with eight chip factories in one complex.

However, he did not promise this plan can be realized in the near future.

The US government has also prepared a subsidy scheme to boost chip production in Uncle Sam’s country.

In fact, US President Joe Biden prepared a subsidy plan of 52 billion US dollars which is being submitted for approval by congress.

Regarding the semiconductor crisis, Pat Gelsinger said this condition will continue until 2023.

Pat said that with the construction of the factory, the global semiconductor crisis would be overcome due to increasingly competitive market competition.

Tags: ChipIntelSemiconductor
Charles Khan

Charles Khan

Charles has been covering the gadget news scene since 2010. Have passion in game and blockchain technology.

Subscribe.

Trending.

Apple begins trial production of the iPhone 14 series

Apple begins trial production of the iPhone 14 series

July 14, 2022
Everything you should know about RedMagic 7S series specifications

Everything you should know about RedMagic 7S series specifications

July 13, 2022
iPad with OLED screen will be thinner and lighter

iPad with OLED screen will be thinner and lighter

July 13, 2022
Honor X30 launched with Qualcomm Snapdragon 690 Chipset

Honor X30 launched with Qualcomm Snapdragon 690 Chipset

December 19, 2021
Elon Musk officially cancels Twitter acquisition

Cancel acquisition, Twitter sues Elon Musk

July 14, 2022
Teknowire

Teknowire is a technology news portal. We cover consumer tech, digital lifestyle, innovation, scientific breakthroughs, the future, and meaningful analysis for readers.

Follow Us

Categories

  • Accessories
  • Apps
  • Cameras
  • Device
  • Digital Culture
  • E-Business
  • Electric Vehicles
  • Game
  • How To
  • Laptops
  • News
  • Review
  • Security
  • Smartphone
  • Smartwatch
  • Social Media
  • Tablets

Tags

android apple Audio battery camera Chip chipset design display facebook Fast Charging game games Gaming google how to iOS iphone laptop memory Meta microsoft Operating System OS price processor RAM samsung samsung galaxy Screen security smartphone smartwatch snapdragon Snapdragon 8 social media Speaker spec specification storage tiktok twitter video WhatsApp Xiaomi

Recent News

Snapchat plans to cut employees as revenue drops

Snapchat plans to cut employees as revenue drops

August 10, 2022
Realme Watch 3 Pro will use an AMOLED screen

Realme Watch 3 Pro will use an AMOLED screen

August 10, 2022
Whatsapp announces new privacy feature, leave group without notification

Whatsapp announces new privacy feature, leave group without notification

August 10, 2022
How to register & play the beta version of Call of Duty Modern Warfare II

How to register & play the beta version of Call of Duty: Modern Warfare II

August 10, 2022
  • Home
  • About
  • Privacy Policy
  • Contact

© 2022 Teknowire - Developed by Teknowire.

No Result
View All Result
  • Home
  • News
    • E-Business
    • Security
    • Digital Culture
  • How To
  • Review
  • Laptops
  • Device
    • Accessories
    • Smartphone
    • Cameras
    • Review
    • Smartwatch
  • Apps
  • Game
  • Social Media
  • Electric Vehicles

© 2022 Teknowire - Developed by Teknowire.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version
Hey Friend! Get the latest technology news straight into your inbox!

Don't worry, we don't spam

Close this popup