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INTEL to invest $ 20 billion to boost semiconductor production


Published on 03/24/2021 at 12:58 p.m.

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(AOF) – The Intel share is very well oriented in the pre-opening of the American equity markets, while the American giant will invest 20 billion dollars to build two new semiconductor production sites in Arizona (United States). This announcement comes amid a global shortage of electronic chips.

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Optimism for the sector

Three-month sales (September to November) increased 8.3% globally from the previous three months (June to August). In Europe, the increase is even higher (by 13.8%).

Despite the pandemic and other macroeconomic factors, experts predict 2020 annual sales to be much higher than in 2019.

In this growing sector, Europe is seeking to strengthen its positions. It only holds 10% of the world market, valued at 440 billion euros. In addition, it is increasingly dependent on imports from the United States or Asian countries. Thirteen states of the European Union, including France, Germany, Spain, Italy, Belgium and the Netherlands, have recently joined forces to invest jointly and thus strengthen Europe’s capacity to develop next-generation processors and semiconductors.

The repairability index comes into force in France

This index, on a scale of 1 to 10, will allow consumers to know whether products can easily be repaired or not. Its display has been mandatory since January 1, 2021. This measure is part of the anti-waste law for a circular economy voted in February 2020.

According to the Environment and Energy Management Agency, only 35% of French people say they have had recourse to repairs. The authorities are targeting a repair rate for electrical and electronic products of 60% within five years.

For the moment the initiative is limited to France but Europe is also considering a similar approach to fight against waste and planned obsolescence.

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