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Earlier today, Intel’s CEO, Pat Gelsinger, said the company is seeking 8 billion euros ($9.7 billion) in public subsidies for the construction of a semiconductor manufacturing plant in Europe. Of course, this semiconductor plant will focus on advanced chips. He said in an interview “Our request to the American and European governments is that we can do this here (build a factory) to be more competitive than doing it in Asia”. A spokesperson from Intel also confirms that the company will need huge subsidies to build plants. Today, Gelsinger will also meet with Thierry Breton, Commissioner of the European Union’s Internal Market, in Brussels to discuss semiconductor strategy.
Yesterday, we reported that Intel officially announced that its CEO, Bob Swan, will be leaving office in February this year. He will be replaced by long-time Intel staff and former CTO, Pat Gelsinger. Although Gelsinger will not take office until next month, he is already making preparations. According to recent reports, Gelsinger’s target is Apple. He wants to make sure that Intel makes chips that are better than Apple’s PC chips.
Pat Geisinger
According to a local newspaper in Oregon, Intel held a company meeting with all employees yesterday and Gelsinger attended the meeting. Gelsinger told Intel employees that Intel must provide the PC ecosystem with better products than Apple produces. Of course, he didn’t explicitly refer to Apple and called it a “lifestyle company” in Cupertino.