Intel to reopen Jerusalem chip plant
20 Sep 2007
Mumbai:
Intel Corporation is planning to reopen a chip plant in Jerusalem it had closed
earlier in the year, Israeli daily Yedioth Ahronoth reported.
Intel''s move follows additional tax incentives announced by the Israeli government, the paper said.
The company is likely to move some production lines from Southeast Asia to Jerusalem, the report added.
The
Jerusalem plant produced chips for the automobile industry. Intel, which has operated
in Israel for more than 30 years, is one of Israel''s largest exporters.