Intel has shelved investment in Italy, minister says


FILE PHOTO: A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

ROME (Reuters) -Intel has postponed plans to invest in Italy, the country's industry minister said on Thursday, after a project to build an advanced packaging and chip assembly factory first mooted in March 2022 was never finalised.

The US technology company has "given up or postponed its investments in France and Italy, compared with others that it plans in Germany," Minister Adolfo Urso told reporters in the northern Italian city of Verona.

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