Intel Israel More than Doubles Exports

(Reuters) Tova Cohen - Intel's Israeli subsidiary more than doubled its exports in 2012 to $4.6 billion and is seeking to bring manufacturing of the company's next generation of chips to Israel. Intel's exports, which rose 109% from $2.2 billion in 2011, were boosted by the start of production of chips using 22 nanometer technology at its Kiryat Gat plant, which is now operating at full capacity. Intel, the world's No. 1 chipmaker, is Israel's largest private employer, with 8,542 workers, up 10% from 2011. The company has two plants as well as four research and development centers. The company accounted for 20% of Israel's high-tech exports last year.


2013-02-19 00:00:00

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