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Released January 27, 2022 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--As the global semiconductor chip shortage continues to hamper production of automobiles, personal computers and other electronic devices, chip makers are stepping up to help remedy the situation.
Intel Corporation (NASDAQ:INTC) (Santa Clara, California) announced plans last week to invest $20 billion to construct two chip factories in New Albany, Ohio. Construction on the two factories is expected to begin in late 2022 on a 1,000-acre "mega site" outside Columbus. Production is expected to come online in 2025, Intel said. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for a list of detailed project reports.
Intel said the complex has the potential to expand to eight chip factories, with an investment of as much as $100 billion over the next decade.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
Intel Corporation (NASDAQ:INTC) (Santa Clara, California) announced plans last week to invest $20 billion to construct two chip factories in New Albany, Ohio. Construction on the two factories is expected to begin in late 2022 on a 1,000-acre "mega site" outside Columbus. Production is expected to come online in 2025, Intel said. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for a list of detailed project reports.
Intel said the complex has the potential to expand to eight chip factories, with an investment of as much as $100 billion over the next decade.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
