Apple announces investment for chip design plant in Germany

Apple’s commitment to expanding its chipset designs and producing in-house 5G modems just received a significant boost. In an official press release, Cupertino announced its funding a new R&D facility in Munich, Germany with 1 billion euros over the coming three years. The European Center for Chip Design will serve as Apple’s largest semiconductor facility in Europe and is touted as the largest development site for mobile wireless semiconductors and software in the Old Continent. Apple's European Center for Chip Design will be located in downtown Munich. For this purpose, Apple is...