Apple To Invest $1.1 Billion In A Mini Silicon Valley In Germany
Dhir Acharya
Apple announced its plans to expand its business in Germany by building a new facility in Munich with a focus on 5G as well as future wireless technologies.
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Apple just announced its plans to expand its business in Germany by building a new facility in Munich with a focus on 5G as well as future wireless technologies.
Hundreds of new employees of the company will work at the upcoming facility in Munich as the tech giant has chosen the city to be its European Silicon Design Center. Currently, Munich is the largest engineering hub in Europe for Apple, where 1,500 engineers from 40 countries are working across different areas like application processors, management design, and wireless tech.
The new expansion will cost the iPhone maker more than $1.1 billion in the next three years. In a press release, Tim Cook said:
“I couldn’t be more excited for everything our Munich engineering teams will discover — from exploring the new frontiers of 5G technology, to a new generation of technologies that bring power, speed, and connectivity to the world.”
“Munich has been a home to Apple for four decades, and we’re grateful to this community and to Germany for being a part of our journey.”
In 2015, Apple opened the Bavarian Design Center in Germany, which employs more than 350 engineers. The facility mostly focuses on power management design and has played a crucial role in Apple’s efforts to offer power management unit chips.
Besides, these engineer teams created custom silicon that significantly improved the efficiency and performance of Apple devices thanks to the M1 processor. The tech giant has since increased its facilities in the country and now about 50% of its global power management design team is based in Germany.
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