LBCI

Intel says 'timelines can change,' when asked about expansion in Israel

Variety and Tech

2024-06-10 | 13:29

Share

Share

Intel says 'timelines can change,' when asked about expansion in Israel

Intel Corp said in response to a report on Monday that it was halting a $25 billion expansion of its factory in Israel that managing large-scale projects often involves adapting to changing timelines.

"Israel continues to be one of our key global manufacturing and R&D sites and we remain fully committed to the region. As we’ve previously noted, the scope and pace of Intel’s manufacturing expansion at our sites around the world depends heavily on various factors," the company said in a statement.

"Managing large-scale projects, especially in our industry, often involves adapting to changing timelines. Our decisions are based on business conditions, market dynamics and responsible capital management," it said.

Reuters

Middle East News

Variety and Tech

Intel Corp

Israel

Project

Next

UNHCR names British actor Theo James as global goodwill ambassador

Recommended For You

Murex d'Or 2024 red carpet sparks excitement for star-studded ceremony

2024-12-21

Murex d'Or 2024 red carpet sparks excitement for star-studded ceremony

Advanced AI chips cleared for export to UAE under Microsoft deal: Report

Variety and Tech

2024-12-07

Advanced AI chips cleared for export to UAE under Microsoft deal: Report

Donald Trump says 'you're welcome' after bitcoin hits $100,000

Variety and Tech

2024-12-05

Donald Trump says 'you're welcome' after bitcoin hits $100,000

Bitcoin tops $100,000, stocks party at record highs

Variety and Tech

2024-12-05

Bitcoin tops $100,000, stocks party at record highs

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Two explosions heard in Khiam, causes unknown: State media reports

2024-11-27

Two explosions heard in Khiam, causes unknown: State media reports

Israeli army warns residents of Borj El Brajneh and Tahouitet El Ghadir in Beirut’s southern suburbs to evacuate

2024-11-26

Israeli army warns residents of Borj El Brajneh and Tahouitet El Ghadir in Beirut’s southern suburbs to evacuate

Pope urges 'truth, justice' in Beirut port blast as meets bereaved

2024-08-26

Pope urges 'truth, justice' in Beirut port blast as meets bereaved

Lebanon's authorities uncover five bodies in Kfarshima house: Here are the details

News Bulletin Reports

2024-08-13

Lebanon's authorities uncover five bodies in Kfarshima house: Here are the details

Videos

Tom Fletcher affirms commitment to Lebanon's future, vows to help lead it into a new phase - Watch the full interview with LBCI

2024-12-24

Tom Fletcher affirms commitment to Lebanon's future, vows to help lead it into a new phase - Watch the full interview with LBCI

Car runs over security officer in Beirut, Lebanon (Video)

2024-12-21

Car runs over security officer in Beirut, Lebanon (Video)

A delegation of Druze religious leaders from Lebanon visits Jabal al-Arab, Syria (Video)

2024-12-20

A delegation of Druze religious leaders from Lebanon visits Jabal al-Arab, Syria (Video)

Inside Tartus Port: Russia's strategic naval presence in the Middle East

News Bulletin Reports

2024-12-16

Inside Tartus Port: Russia's strategic naval presence in the Middle East

Destruction and aftermath: Syrian coast sees largest Israeli attack in over a decade

News Bulletin Reports

2024-12-16

Destruction and aftermath: Syrian coast sees largest Israeli attack in over a decade

LBCI reports from Bmalkah in Tartus following Israeli airstrikes

Middle East News

2024-12-16

LBCI reports from Bmalkah in Tartus following Israeli airstrikes

LBCI Reports: Lebanese General Security divides Syrian refugees into three categories at Masnaa border

2024-12-13

LBCI Reports: Lebanese General Security divides Syrian refugees into three categories at Masnaa border

LBCI visits Sayyida Zaynab shrine as calm returns to Damascus (Video)

Middle East News

2024-12-12

LBCI visits Sayyida Zaynab shrine as calm returns to Damascus (Video)

Video shows Lebanese army deploying in South Lebanon's Khiam as Israeli forces withdraw

2024-12-12

Video shows Lebanese army deploying in South Lebanon's Khiam as Israeli forces withdraw

Most read

24 hours

7 days

Month

Hochstein's upcoming visit to address ceasefire concerns: Did Israel breach the ceasefire in Baalbek strike?

1

Hochstein's upcoming visit to address ceasefire concerns: Did Israel breach the ceasefire in Baalbek strike?

Syrians protest after video showing attack on Alawite shrine: AFP

2

Syrians protest after video showing attack on Alawite shrine: AFP

Israel's troops reportedly burn house in south Lebanon's Maroun El Ras

3

Israel's troops reportedly burn house in south Lebanon's Maroun El Ras

Large-scale demolition operation reported in Kfarkela, south Lebanon: State media says

4

Large-scale demolition operation reported in Kfarkela, south Lebanon: State media says

Despite war’s scars, Christmas spirit thrives in Lebanon's Tyre

5

Despite war’s scars, Christmas spirit thrives in Lebanon's Tyre

Israeli army abducts Lebanese citizen in South Lebanon

6

Israeli army abducts Lebanese citizen in South Lebanon

Syria's authorities say Alawite shrine attack is 'old'; dates to takeover of Aleppo

7

Syria's authorities say Alawite shrine attack is 'old'; dates to takeover of Aleppo

UNIFIL says any actions threatening fragile cessation of hostilities must stop

8

UNIFIL says any actions threatening fragile cessation of hostilities must stop

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More