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Intel to invest 20 billion USD for chip factories in Europe, 100 billion planned in total
According to the latest news, the famous chip manufacture Intel has stated that the company is planning to invest 20 billion USD in establishing semiconductor factories in Europe, this will further expand to 100 billion in the coming years.
The project chief executive- Pat Gelsinger, French president- Emmanuel Macron, and Italian prime minister- Mario Draghi recently gathered regarding this project. The authorities discuss the global chip cutback that greatly strikes the European industries and other markets.
In the case of initiating this project, semiconductor production is expected to realize an increase of 20% in the coming decade across the global market. Furthermore, the company also intends to develop the most advanced chips for high stream computing power.
Interview with Greg Slater, Intel vice-president of global regulatory affairs
In an interview, the chief executive told that if Intel’s specifications for the project will achieve, the Europen chip market will be benefited from the company’s technology, and chip production will get more support to grow.
The official also said that we could allot separate manufacturing and packaging sites. It’ll grow more opportunities for the team to explore. Furthermore, we can also share the research and development work in the different European states, to spread the suppliers across the globe.
The main goal of the company to expand this project at a large scale and establish a wide ecosystem. It’ll not be limited to a single state only, instead expand its limits for the maximum benefits in the country.
Project Requirements:
The executive mentioned the following specification for the plan, the plants have to be good enough to support eight chip design abilities. Furthermore, the final call will carry out by the end of the year.
Site Area: 1,000 acres (estimates)
Expected Manufacturing: Germany, Netherlands, France, Belgium
Initial Investment: 20 billion USD (for 10 years)
Estimated Investment: 100 billion USD (maximum for a lifetime)
French Response: We are looking for the feasible situation
On the proposal of Intel, the French executives responded that indeed Intel wants to introduce 10-nanometre chip technology or even sound in our country. However, it takes a handsome amount of money to establish yourself among the worldwide most advanced technologies.
We’ll discuss this matter further with our consumers if it suites their needs. Moreover, we are planning to go with the most feasible situation. Adding to this it’s really difficult to ensure the states’ funding and plant’s competitiveness. “The cost deprivation is expected to 30-40% with Asia.
The official explained that Intel wasn’t just wanting a contribution, instead, the company wants an entire ecosystem. We don’t have the problem regards the investing sum, but its complex set of circumstances, which is hard to achieve for the moment.
Moreover, Intel is investing 20 USD in two new factories in the US and plans to double the plant on Irelan by investing 7 billion USD. The company explains this as a multiyear strategy to compete with TSMC and Samsung. Additionally, it’ll develop 7nm chips.
(Via- FinancialTimes)
Also, Check
Huawei HiSilicon recruiting freshers to prepare for future research on chips and more
Recently, China’s Opple Lighting and Huawei Cloud signed a comprehensive cooperation agreement. The two companies will combine Huawei Cloud technologies for cloud computing, smart IoT, AI, and digital transformation practices.
The criteria of this agreement are to carry out comprehensive cooperation in Opple Lighting’s digital transformation, smart stores, digital supply chain, and security construction to achieve complementary advantages.
Opple Lighting has made steady progress in the digital transformation of enterprises and achieved certain results.
In 2021, Opple Lighting will fully launch the transformation of digital intelligence and is committed to promoting the comprehensive digitalization of enterprises through the promotion of three major topics:
- Marketing digitalization
- Supply chain digitalization
- Digital operation
Currently, it has achieved continuous optimization of enterprise operating efficiency, the rapid growth of smart lighting-related business scale, promoted iterative upgrading of technological innovation and empowered high-quality development of enterprises.
Opple Lighting actively promotes the application of smart technologies such as cloud computing, IoT, AI, and AR in the park, and has basically adapted the amortization of fire protection applications and workshop management in the production base.
Among these, South China Park will see digital, intelligent, green, and low-carbon 5G smart park, inherit the smartness of the whole process, comprehensively improve the efficiency of the supply chain, and strive to become the industry benchmark for intelligent manufacturing.
In recent years, the rapid development of artificial intelligence has affected all walks of life.
Intelligent lighting has become the core component of the whole house intelligent system because of its high efficiency and compatibility, multi-scene coverage, automatic dimming, and atmosphere creation, and it has accelerated its integration into home life.
As a leading company in the lighting industry, Opple Lighting invests an average of more than 300 million yuan in research and development each year.
It has always regarded intelligent lighting as an important strategy for enterprise development and has won the National Key Laboratory, National Enterprise Technology Center, National High-tech Enterprise, and Zhongshan City Recognition of digital intelligent demonstration factory.
This cooperation between Huawei and Oppo Lighting is based on the professional capabilities to explore more possibilities for digitalization and intelligence to help enterprises develop in a win-win manner.
It also integrates the practical experience and technology of both parties over the years and fulfills the development mission.
Work Together:
In the future, Opple Lighting will work together with Huawei to create better industry solutions and provide consumers with intelligent, personalized, and high-quality smart home new experiences.
Moreover, Apple Lighting will continue to increase its exploration in the field of intelligence, build an open and interconnected home ecology with more partners in the smart ecosystem, empower the high-quality development of the industry with digital innovation, and continue to create value with light.
Huawei officially confirmed that a new flagship store Wuhan Dream Times will open soon. This new Huawei flagship store has a unique “spaceship” shape to create a romantic sense of technology.
The flagship store has a very interesting feel of technology. There’s also an audio experience area, which is launched for the first time. This section will allow visitors to enjoy the concerts and songs privately.
The new spaceship shape Huawei flagship store has five major specialties. These include a cafe area with comfort for leisure inside. There’s also a sports section with various equipment and a health-inspiring environment.
The store also brings a one-stop service section, which will help people to resolve issues and get a repair for their devices including smartphones and others.
According to Huawei’s official website, the new Huawei flagship store Wuhan Dream Times Store is located at B101 and B201, Area B, Wushang Dream Times Square, No. 628 Wuluo Road, Wuchang District, Wuhan City, Hubei Province.
Its business hours are Monday to Thursday 10:00-21:30, Friday 10:00-22:00, Saturday 9:30-22:00, and Sunday 9:30-21:30.
During the recent Huawei Spring Flagship New Product Launch Conference, Huawei CBG CEO Yu Chengdong announced that the third largest Huawei flagship store in the country – Huawei Flagship Store Wuhan Dream Times will officially open on March 30.
It is in the middle of the “Wu Shang Meng Era” complex and it has a two-story design. It also displays Huawei’s latest technology and smart products. The store also comprises smart life scenarios such as smart travel, smart office, smart home, audio-visual entertainment, sports, and health.
During a recent Huawei Investment Holdings labor union meeting, the company came to an election for a new board of directors. Also, Huawei CFO, Meng Wanzhou is elected to start her first rotating chairwoman tenure on April 1.
We’ll share all of the new board members and Huawei management as a part of Huawei’s future growth.
Huawei’s new board chairman and board members were elected by voting at the shareholder representative meeting. Subsequently, the company’s board of directors held a meeting and selected the vice chairman and executive director, and confirmed the attendance of the executive director.
Under the process, the Vice-Chairman and the Managing Director choose the Executive Board. Below are some of them
The board members include Liang Hua, Xu Zhijun, Hu Houkun, Meng Wanzhou, Wang Tao, Zhang Pingan, Yu Chengdong, Li Jianguo, He Tingbo, Zheng Liangcai, Ren Zhengfei, and more.
Huawei’s board of director consist of vice chairman Xu Zhijun, Hu Houkun, and Meng Wanzhou. These are the only three rotating chairmen of the company and each will serve 4 months’ tenure in a single year. Responsibilities are performed in turn in the following order:
- Meng Wanzhou: April 1, 2023 to September 30, 2023
- Hu Houkun: October 1, 2023 to March 31, 2024
- Xu Zhijun: From April 1, 2024 to September 30, 2024
Here are the members of the new Huawei Board of Directors:
Liang Hua, Xu Zhijun, Hu Houkun, Meng Wanzhou, Wang Tao, Zhang Pingan, Yu Chengdong, Li Jianguo, He Tingbo, Zheng Liangcai, Ren Zhengfei, Tao Jingwen, Bloomberg, Zha Jun, Hou Jinlong, Yang Chaobin, and Ying Weimin.
Let’s check Chairman, Vice Chairman, Executive Director, Attending Executive Director, and Director.
- Chairman: Liang Hua
- Vice Chairman: Xu Zhijun, Hu Houkun, Meng Wanzhou
- Executive Directors: Wang Tao, Zhang Pingan, Yu Chengdong, Li Jianguo
- Attending executive directors: He Tingbo, Zheng Liangcai
- Directors: Ren Zhengfei, Tao Jingwen, Bloomberg, Zha Jun, Hou Jinlong, Yang Chaobin, Ying Weimin
Alternate directors
There are 11 alternate directors elected by the shareholder representative at the meeting: He Gang, Bai Yi, Cao Jibin, Zhou Hong, Bian Honglin, Jin Yuzhi, Lu Yong, Zou Zhilei, Jiang Yafei, Hu Kewen, and Wang Huanan.
Whenever there’s a requirement for a director, these alternate directors will fill in the blanks according to the company’s internal procedures.
(via)
