Political situation makes a bad start for Maxin Fasberg, CEO of Intel Israel
Intel Corp. will decide this year about the future of its 10 nanometer fab. Maxin Fasberg, the CEO of Intel Israel, told Techtime News that during 2013 the chip giant plans to decide weather to produce the new process in Israel, Ireland or the United States. “It is not clear yet weather it will be a completely new fab”, she said. “There is an option to upgrade existing fab to the new 10 nm process”.
She also indicated that the political situation in Israel does not help Intel Israel to compete for the new project. Although the general elections took place on January 22, 2013, the government was not established yet and Intel Israel cannot enter into discussions with officials about possible incentives for Intel Corp.
During September 2012 Intel Developer Forum, the company outlined its roadmap for manufacturing new chips. While it started mass production of Ivy Bridge on its 22nm tri-gate process and plans to build Haswell chips in this technology, Intel revealed its plans to move to future 10 nm and 7 nm processes around 2015. The next leap is 14 nm nodes. Intel prepares to produce it in D1X manufacturing center located in Oregon, Fab 42 in Arizona and Fab 24 in Ireland.
Today many Ivy Bridge processors are built in FAB28, in Kyriat-gat, south of Israel. During 2012 the plant accomplished a transition to full 22 nm mass production mode and today it is responsible to $3.5 billion of Intel export from Israel. Intel israel employs about 8.500 workers and engineers. According to the company’s statistics, its revenues during fiscal year 2012 doubled to $4.6 billion, almost 20% of the national High-tech output.