Intel Invests $2.7 Billion in Israel Facility

April 1, 2011

It is expected that 22-nanometer technology will make our computers faster, smaller, and lighter. Not willing to elaborate on what exactly this will mean for our everyday lives, Intel Israel's spokesman Koby Bahar says that “it will be the most advanced technology” available.

Kirk Skaugen, vice president and general manager of Intel’s Data Center Group, holds a 22nm SRAM test wafer. (www.intel.com) Currently, Intel produces processors that run more than 80% of the world's personal computers. If you own a PC, chances are a part of it was produced in or developed in Israel. The core business in Israel is processors that run the central processing units (CPUs) in PCs. “Dealing with advanced technology, we have to hire skilled people. People working here have very high skill sets, education and experience,” says Bahar.

In more good news, Intel Israel expects to hire an additional 1,000 employees over the next year. Starting February 28, the company will move from 45-nanometer to 22-nanometer chips. Fassberg said the Kiryat Gat plant is the second Intel facility in the world to produce these tiny chips.

Source: Excerpts of an article by Karin Kloosterman, www.israel21c.org

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