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Report: Intel chooses Ireland over Israel

9/26/2011 10:58 AM EDT
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wilber_xbox
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re: Report: Intel chooses Ireland over Israel
wilber_xbox   9/26/2011 2:17:05 PM
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Is Ireland investing money that Intel wanted. I will be surprised if Ireland do so given the financial condition. But certainly this will help Ireland in retaining more jobs.

goafrit
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re: Report: Intel chooses Ireland over Israel
goafrit   9/26/2011 2:56:33 PM
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Ireland does not collect, literally, corporate tax. Also, they have a cluster of hi-tech firms that Intel can tap or poke their staff

resistion
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re: Report: Intel chooses Ireland over Israel
resistion   9/27/2011 3:58:40 PM
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600 million doesn't sound like it can cover a major expansion. I'd think 3 billion at least would be needed.

Peter Clarke
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re: Report: Intel chooses Ireland over Israel
Peter Clarke   9/28/2011 4:35:14 PM
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I think Intel was asking Israel for $600 million towards an estimated total cost of $2.7 billion for a second fab module at Kiryat Gat. That is about 22 percent which is about the normal amount of incentive. But Israel offered $290 million of which only half was for Kiryat Gat and the rest was for a chip assembly plant in the north of the country.

resistion
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re: Report: Intel chooses Ireland over Israel
resistion   9/29/2011 6:38:01 AM
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Ok, thanks for clarifying. So does this mean Ireland offered about the full 600 million?

Peter Clarke
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re: Report: Intel chooses Ireland over Israel
Peter Clarke   9/29/2011 8:14:25 AM
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Not known but I doubt it

yalanand
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re: Report: Intel chooses Ireland over Israel
yalanand   10/3/2011 11:46:06 AM
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@peter Do you think there are other factors as well which made Intel choose Ireland over Israel ?

asimecs
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re: Report: Intel chooses Ireland over Israel
asimecs   9/28/2011 4:01:08 PM
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Interesting... I wonder how much China will give to have an Intel plant...

Peter Clarke
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re: Report: Intel chooses Ireland over Israel
Peter Clarke   9/28/2011 4:37:12 PM
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China already has one -- in Dalian http://www.eetimes.com/electronics-news/4191145/Intel-s-China-fab-receives-permission-to-use-65-nm-process-says-report

chanj0
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re: Report: Intel chooses Ireland over Israel
chanj0   9/28/2011 9:39:03 PM
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If US government is struggling in job creation, would an American shift of Intel's plan help? Just wondering...

LarryM99
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re: Report: Intel chooses Ireland over Israel
LarryM99   9/30/2011 9:56:59 PM
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There was a story on job creation as a bargaining chip on PBS radio recently. They concentrated on the Ford labor negotiations, but the larger point was that companies have all the leverage in those discussions. Globalization has handed them the keys to a disconcerting amount of power over governments. Larry M.

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