Daily Israel Report
13:46
Reported

News Brief

  5/1/2014, Iyar 1, 5774

Intel to Invest 6 Billion Dollars in Israeli Facilities


The US computer chip giant Intel is going to invest close to 6 billion dollars in updating its Israeli offices and facilities.

Minister of Economics Naftali Bennett announced the initiative Thursday, saying that "Intel chose to set up its most advanced production line in Israel in the face of tough competition.”