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$4.6bn For Polish Semiconductor Industry

2023/06/17
in Macroeconomics

Intel is investing $4.6 billion to create a new semiconductor chip assembly and testing facility in Poland, creating 2,000 jobs. The plant, near Wrocław, will be part of Intel’s EU-wide semiconductor supply chain, including an existing wafer fabrication facility in Ireland and a planned one in Germany. The facility will receive chips created on silicon wafers at Irish and German plants, assemble them into final products, and test them for performance and quality. Construction is still subject to EU approval and is expected to be completed by 2027. Intel chose Poland due to its infrastructure, strong talent base, and excellent business environment.

This is the latest of several large international tech investments in Poland, including Visa’s global technology hub, Microsoft’s $1bn data cloud centre in Warsaw (“the cloud capital of Europe”).

The facility will expand Intel’s role in AI, machine learning, and autonomous vehicles. The investment is expected to be completed by 2027. Poland’s prime minister, Mateusz Morawiecki, welcomed the announcement, describing it as the largest greenfield investment in Poland’s history. 

“Chips and semiconductors are critical technologies in the 21st century and we are excited to expand Poland’s role in the global semiconductor supply chain and help to establish the country as an economic trendsetter,” he said.

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