Apple to Build European Semiconductor Design Center in Munich
- Company plans to invest over 1 billion euros in Germany
- New Munich facility will focus on 5G, wireless technologies
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Apple Inc. said it’s planning to build a new semiconductor design center in Munich as part of a 1 billion-euro ($1.2 billion) investment push to develop custom chips for 5G mobile and other wireless technologies in Germany.
Apple plans to move into the 30,000-square-meter (98,400-square-foot) facility near central Munich in late 2022 and plans to hire hundreds of people, the company announced on Wednesday.