The decision comes after Intel yesterday published its quarterly financial reports, which point to a net loss of $2.9 billion.
intel
Intel suspends planned new plants in Poland and Germany for two years
The announcement comes just days after Poland’s government revealed it had received EU approval to provide state aid for the project.
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Poland gets green light from EU for Intel chip plant
Poland will provide over 7.4 billion zloty (€1.7 billion) in state aid for the investment.
Intel to build $4.6 billion chip plant in Poland
The project, which will create 2,000 jobs, is the largest greenfield investment in Polish history.
Polish high schooler wins Intel award for AI system to stop road accidents
Maksymilian Paczyński, 17, has been recognised for designing an AI system to prevent drivers from falling asleep at the wheel.
Intel to expand presence in Poland at its largest EU research and development centre
The world’s biggest chipmaker is investing around €72 million at its R&D centre in Gdańsk.
