Thursday, October 7th 2021

Intel CEO Cites Brexit as Reason for Chip Fab Plans in UK Not an Option

In an interview with the BBC, Intel CEO Pat Gelsinger said that the company is no longer considering the UK as a site for a chip fab, due to Brexit, something the company had apparently done prior to Brexit. Now the company is looking for a location in another EU country for a US$95 billion investment for a new semiconductor plant, as well as upgrades to its current plants in Ireland.

Although Intel had not made any firm decisions on a site location prior to Brexit, Gelsinger is quoted as saying "I have no idea whether we would have had a superior site from the UK, but we now have about 70 proposals for sites across Europe from maybe 10 different countries." He continues "We're hopeful that we'll get to agreement on a site, as well as support from the EU... before the end of this year."
Gelsinger also talked about the current chip production imbalance in the world, pointing out that the US only produces some 12 percent of the world's semiconductors, whereas Samsung and TSMC combined, account for nearly 70 percent of the global supply. As such, Intel, as well as US and European politicians want to see a shift towards more locally produced semiconductors. Much of this is in the name of national security, but then you'd expect there to be a push for a lot more things to be produced locally in addition to just semiconductors.

There's no doubt that Intel's new-ish CEO likes to make bold statements, as he's quoted saying "This is an industry that we created in the US, Intel's the company that puts silicon into Silicon Valley," when asked if Intel can maintain its leading edge versus its Asian competitors. In all fairness, he continues "But we realise these are good companies, they're well capitalised, they're investing, they're innovating together. So we have to re-earn that right of unquestioned leadership."

In the same interview, he states that he's not expecting the current chip shortage to stabilise until 2023, although things should apparently improve come next year. In other words, expect a lot of soft packages from Santa this year and maybe even next year.
Source: BBC News
Add your own comment

110 Comments on Intel CEO Cites Brexit as Reason for Chip Fab Plans in UK Not an Option

#1
Space Lynx
Astronaut
feed me baby, nom nom Boris
Posted on Reply
#2
Unregistered
The stupidest thing the British government did since the war in Irak.
#3
Chomiq
Xex360The stupidest thing the British government did since the war in Irak.
It's the will of the people...





...that just walked out of local pub.
Posted on Reply
#5
Space Lynx
Astronaut
Jomale

Intel orders more 3-nm-Chips from TSMC than Apple

[URL unfurl="true"]https://www.allround-pc.com/news/2021/intel-bucht-mehr-3-nm-chips-bei-tsmc-als-apple[/URL]

surprised TSMC allows them, as they are their only competition factory wise and its not like TSMC is hurting for orders. lol
Posted on Reply
#6
TheLostSwede
News Editor
lynx29surprised TSMC allows them, as they are their only competition factory wise and its not like TSMC is hurting for orders. lol
All TSMC cares about is keeping those production lines at 100% capacity.
Posted on Reply
#7
Space Lynx
Astronaut
TheLostSwedeAll TSMC cares about is keeping those production lines at 100% capacity.
why the hell is Sony not taking those Intel spots then? I want a PS5 :(
Posted on Reply
#8
TheLostSwede
News Editor
lynx29why the hell is Sony not taking those Intel spots then? I want a PS5 :(
Because AMD makes those chips?
Posted on Reply
#9
Space Lynx
Astronaut
TheLostSwedeBecause AMD makes those chips?
So why isn't AMD taking those slots as they have a lot of demand for them? that's all I meant. eh it doesn't matter
Posted on Reply
#10
Fluffmeister
With Taiwan about to be annexed they better pull their fingers out and get on with it.
Posted on Reply
#11
TheLostSwede
News Editor
FluffmeisterWith Taiwan about to be annexed they better pull their fingers out and get on with it.
Proof of this? Or are you just spreading PRC propaganda?
Posted on Reply
#13
Bomby569
we need more sustainable locally sourced chips, mom and pop shop
Posted on Reply
#14
Space Lynx
Astronaut
TheLostSwedeProof of this? Or are you just spreading PRC propaganda?
I don't know what he is talking about, but I did read last week about those Chinese jets harassing Taiwan airspace, apparently it was the most jets ever in history of this type of action.

Personally, I don't think anything will ever happen, but on same hand I am glad I don't live in that region of the world, cause if something does happen its going to be center stage for WW3. though I have decided if WW3 happens, I am just going to spend last of my savings and buy a boat, sail it down to Caribbean, and just find some little lost island and just chill out there for a few years and read books on my kindle paperwhite and use solar panel to charge it. /shrug
Posted on Reply
#16
TheLostSwede
News Editor
lynx29I don't know what he is talking about, but I did read last week about those Chinese jets harassing Taiwan airspace, apparently it was the most jets ever in history of this type of action.
It's been going on for years, they just stepped it up to the highest level ever around the PRC national day.
lynx29Personally, I don't think anything will ever happen, but on same hand I am glad I don't live in that region of the world, cause if something does happen its going to be center stage for WW3. though I have decided if WW3 happens, I am just going to spend last of my savings and buy a boat, sail it down to Caribbean, and just find some little lost island and just chill out there for a few years and read books on my kindle paperwhite and use solar panel to charge it. /shrug
The PRC is making threats all the time, but more and more nations seem to be fed up with it and are telling the PRC to stop being childish. It's really a 50/50 chance that something will happen, but according to local reports, the PLA isn't quite at a point where they could do it.
Posted on Reply
#17
Fluffmeister
TheLostSwedeProof of this? Or are you just spreading PRC propaganda?
My spider senses are tingling.
lynx29I don't know what he is talking about, but I did read last week about those Chinese jets harassing Taiwan airspace, apparently it was the most jets ever in history of this type of action.

Personally, I don't think anything will ever happen, but on same hand I am glad I don't live in that region of the world, cause if something does happen its going to be center stage for WW3. though I have decided if WW3 happens, I am just going to spend last of my savings and buy a boat, sail it down to Caribbean, and just find some little lost island and just chill out there for a few years and read books on my kindle paperwhite and use solar panel to charge it. /shrug
They won't do anything of course, especially now Australia will get decent subs.
Posted on Reply
#18
XiGMAKiD
TheLostSwede...he states that he's not expecting the current chip shortage to stabilise until 2023,..
:banghead:
Posted on Reply
#19
Valantar
I mean, it doesn't take genius-level logic to understand that "billion-dollar investment for production of export-oriented products in a country with no functional trade deals and no foreseeable path towards them" is a pretty bad idea.
Posted on Reply
#20
Chaitanya
TheLostSwedeProof of this? Or are you just spreading PRC propaganda?
There is also recent statement by Taiwanese defense minister.
FluffmeisterMy spider senses are tingling.


They won't do anything of course, especially now Australia will get decent subs.
Those Australian subs are more than a decade away.
Posted on Reply
#21
TheLostSwede
News Editor
Chaitanya
There is also recent statement by Taiwanese defense minister.
This is still not proof of any actual plans of invasion though, is it? It's just sword rattling and propaganda so far.
I'm not saying there won't be a war at some point, but saying that Taiwan is "about to" be annexed is going a bit far, no?
Posted on Reply
#22
Fluffmeister
The reality is very few countries recognise Taiwan as an independent sovereign state anyway.
Posted on Reply
#23
Chaitanya
TheLostSwedeThis is still not proof of any actual plans of invasion though, is it? It's just sword rattling and propaganda so far.
I'm not saying there won't be a war at some point, but saying that Taiwan is "about to" be annexed is going a bit far, no?
As of now it seems like its testing waters before going all out. Its not just Taiwan but also on west front where incursions are being used as a testing tool.
Posted on Reply
#24
Chomiq
FluffmeisterMy spider senses are tingling.


They won't do anything of course, especially now Australia will get decent subs.
They're flexing because Chicoms are having their week long holidays.
Posted on Reply
#25
Vayra86
ChomiqIt's the will of the people...





...that just walked out of local pub.
... to smoke a fag and get back in there
ValantarI mean, it doesn't take genius-level logic to understand that "billion-dollar investment for production of export-oriented products in a country with no functional trade deals and no foreseeable path towards them" is a pretty bad idea.
Farage disagrees! So there's that, and the British seem fine with that train of thought - that is, the pub frequenters. The younger generation apparently doesn't vote quite enough... a problem a lot of democracies suffer from in the EU right now.
Posted on Reply
Add your own comment
Oct 14th, 2024 01:15 EDT change timezone

New Forum Posts

Popular Reviews

Controversial News Posts