Intel Delaying Construction of New Israeli Semiconductor Plant

Local suppliers say U.S. company is seeking to reduce costs by putting off development amid a tough global business environment

Sagi Cohen
Sagi Cohen
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An Intel logo is seen at the company's offices in Petah Tikva, near Tel Aviv, Israel.
An Intel logo is seen at the company's offices in Petah Tikva, near Tel Aviv, Israel.Credit: \ NIR ELIAS/ REUTERS

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