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Intel puts German plant plans on hold I DW News
Posted
September 17, 2024
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September 17, 2024
69,070
666
360
1.49%
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8:25Now PlayingIt was to be the biggest foreign investment in Germany's post-war history. Now US tech giant Intel has put plans for a giant chip factory in the eastern city of Magdeburg on hold. The 30-billion-euro project would have created 3,000 jobs and provided a major boost to a region that has traditionally lagged behind the rest of the country. DW Business speaks with Professor Marcel Thum from the Ifo Economic Research Institute.
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