BERLIN, July 24 (Xinhua) -- U.S. chipmaker Intel announced on Thursday that it has abandoned its plan to construct a large-scale semiconductor facility in Germany, citing ongoing efforts to streamline its global production operations. The move brings a definitive end to the project that had been suspended for nearly a year.
The announcement came alongside Intel's second-quarter earnings report, which showed a net loss of 2.9 billion U.S. dollars, compared with a 1.6 billion loss in the same period a year earlier.
