Reportedly, Germany’s southern state of Bavaria is in discussion with Intel (INTC) to build a European chip factory to meet supply bottlenecks that have hindered production in the automotive sector. Recently, Intel has been seeking 8 billion euros/ $9.5 billion in public subsidies to build a semiconductor manufacturing site in Europe.
“I strongly support this. The possible location of a large international semiconductor manufacturer in Bavaria is an outstanding opportunity,” stated Economy Minister Hubert Aiwanger, whose state is home to luxury carmaker BMW.
The European Union is considering creating a semiconductor alliance including NXP, STMicroelectronics, Infineon and, ASML to reduce dependence on foreign chipmakers during a global supply chain crunch. Aiwanger informed that Bavaria has suggested a disused airbase in Penzing-Landsberg, west of Munich as a possible location for the factory.
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