Beijing time on July 27 morning news,T2525N336 Suppliers, the Israeli Ministry of Trade and Industry said on Tuesday, the Israeli government has approved funding $ 295 million to Intel for investment and construction of two chips in the local factory.
Israel Ministry of Trade and Industry, said Intel plans to invest $ 1.475 billion. This funding is to achieve the conditions in southern Israel, Intel Buffalo (Kiryat Gat) The plant employs 1,500 people in northern Israel and a new assembly plant to hire 600 people to 1,000 people.
Intel will also receive a number of tax incentives, capital investment as a reward.