Posted on 10/08/2021 2:55:46 AM PDT by Berlin_Freeper
The boss of Intel says the US chipmaker is no longer considering building a factory in the UK because of Brexit.
Pat Gelsinger told the BBC that before the UK left the EU, the country "would have been a site that we would have considered".
But he added: "Post-Brexit... we're looking at EU countries and getting support from the EU".
Intel wants to boost its output amid a global chip shortage that has hit the supply of cars and other goods.
The firm - which is one of the world's largest makers of semiconductors - says the crisis has shown that the US and Europe are too reliant on Asia for its chip-making needs.
Intel is investing up to $95bn (£70bn) on opening and upgrading semiconductor plants in Europe over the next 10 years, as well as boosting its US output.
(Excerpt) Read more at bbc.com ...
Thirty days off in the summer, and more work rules than Russia.
An old time American farmer with a horse and hand plow, is more productive than a modern day french farmer.
S/OFF.
Intel, which has been running the company into the ground for years and essentially needed a $50b govt subsidy to, you know, actually build factories and stuff instead of repurchasing stock, shouldn’t be welcome in the UK.
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