LONDON — Intel is discussing locating a wafer fab in Kiryat Gat, Israel, with
the Ministry of Industry, Trade and Labor, according to The Media Line.
Intel is asking for $400 million out of an expected $2.7 billion cost of
building and equipping its second fab in the southern Israel location, the
report said. However, the Ministry of Industry, Trade and Labor is reportedly
offering only between $200 million and $250 million.
Reportedly the Israeli government is offering Intel a "two-for-one" deal
whereby Intel would undertake to build a second facility in northern Israel.
Intel has an R&D facility in the northern Israeli city of Haifa and also
has operations in Jerusalem, Yakum and Petach Tikva.
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