Italy, government negotiates with Intel for chip plant in Mirafiori or Catania

Italy, government negotiates with Intel for chip plant in Mirafiori or Catania
Italy, government negotiates with Intel for chip plant in Mirafiori or Catania

(Teleborsa) – The Italian government would be in advanced negotiations with Intel, US semiconductor giant, to convince him to build a chip manufacturing plant in Italy. The production site would be essential to increase the supply of components for the automotive sector, the sector most affected by the shortage of semiconductors that is affecting the world economy in the recovery phase from the pandemic.

Reuters writes, citing anonymous sources aware of the dossier. The potential investment would be worth more than € 4 billion, with the factory creating more than 1,000 direct jobs in Italy. Among the most considered places for the Intel plant would be the Mirafiori area of ​​Turin, the Italian headquarters of the car manufacturer Stellantis, e Catania, where the Italian-French chip maker already operates STMicroelectronics. The Italian government would be ready to finance part of the overall investment with public money and to offer favorable conditions to Intel, including on labor and energy costs.

“The government is preparing a very detailed offer with the aim of conclude an agreement by the end of the year“one of the sources told Reuters, adding that” discussions with Intel are at an advanced stage. There is still no agreement, but if the government works hard on this, it has a good chance of bringing the plant to Italy “.

PREV Gianfranco is fine. “Only a little fever. And I’m happy to be vaccinated”
NEXT ‘Island is part of China’ | Sky TG24