Electronics & Microtechnology
Apple to Invest Further Billion in Munich Location
American computing giant Apple is putting big bucks into its facilities in the Bavarian capital of Munich.
Mar 07, 2023
CEO Tim Cook announced a one-billion-euro investment over the course of the next six years. “Our Munich engineering teams are on the cutting edge of innovation, helping imagine new technologies at the heart of the products we make,“ said Cook on the company website. “Apple has been in Munich for more than 40 years, and we’ve never been more excited about what the future holds here.”
The money will be used to construct a state-of-the-art research facility, an expand its European Silicon Design Center. It comes in addition to Apple’s one-billion euro commitment to the center in 2021, Munich is Apple’s largest engineering hub in Europe.
“Our R&D teams in Munich are critical to our efforts to develop products delivering greater performance, efficiency, and power savings,” said Johny Srouji, Apple’s senior vice president of Hardware Technologies. “The expansion of our European Silicon Design Centre will enable an even closer collaboration between our more than 2000 engineers in Bavaria working on breakthrough innovations, including custom silicon designs, power management chips, and future wireless technologies.”
Germany and the EU are very keen to attract chipmakers to ensure secure semiconductor supplies and technological sovereignty within the country and the bloc. Incentives for expansion projects are available. Germany Trade & Invest helps companies expand to Germany – free of charge because we’re a government agency.
