Intel Cancels Multi-Billion Euro Chip Factory in Germany
21 Articles
21 Articles
The reactions of politicians, trade unions and economists to the end for the Intel factory in Magdeburg are mixed. While some speak of a setback, others welcome the rejection.
CSU calls for committee of inquiry after the rejection of billions of investment in Magdeburg. Habeck's industrial policy under criticism.
Now it is final: the US chip manufacturer Intel is not building a factory in Magdeburg. The left is complaining about an industrial-political waste heap – and is demanding democratic control for large-scale projects in the future.
Intel wanted to produce chips on 400 hectares at Magdeburg – now there is a risk of a breach with newly built access roads. The city hopes for another large company as a user.
Now it's official: the battered US corporation Intel will not build a new semiconductor site in Saxony-Anhalt. Kurt Stenger comments on what this means for the country's industrial policy.
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Bias Distribution
- 57% of the sources lean Left
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