View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
March 20, 1996


By CBR Staff Writer

The Israeli government, which offered Intel Corp 38% of the cost of building a $1,600m chip manufacturing plant, has begun to have second thoughts, Reuter reports from Jerusalem. Government sources that asked not to be named said that a study by the Industry & Trade Ministry’s Investment Center showed that Israel could lose a lot more than it would gain. It would put up $600m over 10 years, and now wants Intel buy more local products, strengthen its ties with local industry through research and development projects, and find ways to leave more of its profits behind – for example by paying more taxes.

Content from our partners
Rethinking cloud: challenging assumptions, learning lessons
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.