Intel To Invest $25 Billion In Israel Factory In Record Deal, Netanyahu Says (reuters.com) 42
An anonymous reader quotes a report from Reuters: U.S. chipmaker Intel will spend $25 billion on a new factory in Israel, Prime Minister Benjamin Netanyahu said on Sunday, calling it the largest-ever international investment in the country. The factory in Kiryat Gat is due to open in 2027, to operate through 2035 at least and to employ thousands of people, Israel's Finance Ministry said. Under the deal Intel will pay a 7.5% tax rate, up from the current 5%, the ministry added.
During its almost five decades of operations in Israel, Intel has grown to become the country's largest privately held employer and exporter and a leader of the local electronics and information industry, according to the company's website. In 2017, Intel bought Israel-based Mobileye, which develops and deploys advanced driver-assistance systems, for $15 billion. Intel took Mobileye public last year.
During its almost five decades of operations in Israel, Intel has grown to become the country's largest privately held employer and exporter and a leader of the local electronics and information industry, according to the company's website. In 2017, Intel bought Israel-based Mobileye, which develops and deploys advanced driver-assistance systems, for $15 billion. Intel took Mobileye public last year.
Mobileye (Score:2)
Intel destroyed MobilEye.
New Factories In Israel & Germany? (Score:3)
Guess someone wanted some new back doors.
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Intel is just booming right as its business is weak and its share price anemic - still less than half its peak in the year 2000.
I guess its all about the rollback of globalization. Domestic production does seem to have obvious advantages in avoiding disruption during conflict, but I agree it may not really confer all that much protection from backdooring since you're still using an inscrutably complex design from so
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wheres carrie lam at these days?
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Do you seriously not know the difference between HK and TW?
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she couldnt even get a mainland detention bill through without the capital descending to riots, you think the taiwanese will just roll over?
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The difference is that the US funds Israel's military to the tune of $3.8 billion per year, plus there are direct loans, loan guarantees, invading neighbouring countries and buying off regional rivals. The US wouldn't spend a tenth of that on Taiwan. Or Ukraine.
Re: Diversity quota? TSMC? (Score:2)
Yes, well, there's no passage in the Bibble that says those other countries are going to win when their invisible friend starts the war to end the planet, now is there? Peace, love, harmony, misogyny, racism, bigotry, authoritarian rule, constant unending war for profit. All of which are American dreams...
I just can't understand why giving a bunch of extremists access to world ending weapons would do anything other than create sheer terror in everyone. Not that religious people do crazy things, right? I gue
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Really? Stop using computers? I heard that the only Intel processor developed in Israel was one of the early pentiums, the one that violated all the DEC Alpha patents. Intel was sued, and they lost. It tracks - if you want to steal something, go to Israel.
Fake news (Score:5, Informative)
It's a total spin. The operative word here is "Netanyahu says".
Netanyahu's government is in the midst of trying to turn on full fascist mode. Subjugate the judicial branch to the government (it already has control over the legislative branch), take control over the media, and in general, follow Hungary's model for "democracy in name only" (not that we've been in excellent shape before this, mind you).
Unsurprisingly, the economy isn't playing ball. Fascist governments go hand in hand with corruption (already the case in Israel), and those tend to favor low knowledge industries. Since Israel's #1 export industry is high-tech, which is high knowledge, the whole economy is unstable. The Sheqel is dropping, new investments in the High-tech industry are at an embarrassing low.
The Israelis are not taking it lying down. For almost half a year now, every week, and often in the middle of the week as well, hundred of thousands of people take to the streets to protest. Netanyahu, of course, is blaming the economic slowdown on the protests, contradicting every independent expert out there.
So Netanyahu producing a spin: the government approves a subsidy to a new Intel chips plant. To be clear, Intel may have asked for one. This new plant would replace an existing plant at the same location. What's clear, however, is that Intel has not yet made a decision to actually open one. There was no announcement from Intel's side.
So the proper title for this article is: "A politician has made an announcement".
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For almost half a year now, every week, and often in the middle of the week as well, hundred of thousands of people take to the streets to protest.
I've been reading about those protests. They're the only pro-democracy protests that object to Palestinians or even Israeli Arabs being allowed equal rights. You are probably right though, Bibi may well have promised Intel billions just to get a positive announcement.
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They're the only pro-democracy protests that object to Palestinians or even Israeli Arabs being allowed equal rights.
As with almost every other reporting on Israel, this statement, while not without a grain of truth, is so misleading I can call it flat out wrong. The thing is this: the Israeli society, even just the Jewish part of it, is extremely heterogeneous. The protest does include a lot of those factions, and some of them do fit the bill you mention. Labeling the entire movement like that is, I think, just wrong. At the actual demonstrations there are plenty of signs explicitly stating equal rights=equal rights to a
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As with almost every other reporting on Israel, this statement, while not without a grain of truth, is so misleading I can call it flat out wrong.
You can, but only by lying.
The thing is this: the Israeli society, even just the Jewish part of it, is extremely heterogeneous.
And only the Jewish part of it is heterogeneous. There have been multiple opinion pieces in multipe English-language Isareli newspapers stating outrage that Israeli Arabs have dared to demand equal rights or that various anti-occupation groups, including Jewish ones, have attempted to protest the occupation. The leaders of the protest movement have stated that they want things to remain the same, which is entrenched bigotry and perpetual occupation. They have outright stated in
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Since you obviously know all there is to know, and cannot gain any new insights, not even from an actual eye-witness who also happens to speak the language in question, then I don't think there is any point in continuing this discussion.
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As with almost every other reporting on Israel, this statement, while not without a grain of truth, is so misleading I can call it flat out wrong.
My own big problem with Israel is that quite clearly those advocating for equity are a minority in the country. They're certainly there and cheers to them for their effort but given who that country repeatedly elects both as their leader and in their legislative body it seems pretty clear to me most of the population has given up on any kind of peaceful ending of their situation with the Palestinians. Even during that brief period recently where Netanyahu wasnt running the country the government in power sh
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(not to mention all the looking the other way while Israeli settlers attack Palestinians or their own soldiers kill non combative civilians).
I wish. No, much of the political leadership is well aware these attacks happen. Worse, the extremest groups have entered the IDF, which means that solders are actively participating in those attacks. Things are fairly bad right now, and anyone who claims otherwise is either misinformed or lying (or is happy with things as they are).
With that said, and for somewhat different reasons than in the US, the government in Israel is not representative of the people in Israel, and has not been for quite some time.
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With that said, and for somewhat different reasons than in the US, the government in Israel is not representative of the people in Israel, and has not been for quite some time. The amount of investment the public needs in order to unseat Netanyahu is huge, and simply did not happen for quite some time.
While I understand what you're referring to in regards to my own country I'll admit to being wholly ignorant of what you're getting at in regards to Israel here. What about Israel's election process has resulted in two decades of right wing, nationalist governance? We were able to vote our own nationalist out of power after only one term in office, why has Israel not only kept theirs but actually turned more nationalistic (at least as far as I've seen) over the last two decades?
But don't give up on us just yet. This level of investment is happening now, which is why Netanyahu is trying to go democracy-in-name-only. He know he's unlikely to win another fair, or even not-completely-rigged, election ever again. The previous government was elected after months of having tens of thousands of people, each and every weekend, protesting outside the prime minister residence.
Well for starters, I strongly
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While I understand what you're referring to in regards to my own country I'll admit to being wholly ignorant of what you're getting at in regards to Israel here. What about Israel's election process has resulted in two decades of right wing, nationalist governance? We were able to vote our own nationalist out of power after only one term in office, why has Israel not only kept theirs but actually turned more nationalistic (at least as far as I've seen) over the last two decades?
Israel's government is picked by coalition. This has positive aspects. For example, since the elections are state-wide, there is no room for gerrymandering. With that said, it does have its own problems.
There are a whole bunch of elements that introduce inaccuracies into the process. For example, there are 120 members of Knesset, so you'd expect that any party that got 1/120 of the votes will get a representative in. You'd be wrong. There is a minimal percentage below which the party lose all of its represe
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While I knew Israel formed its governments via coalition I didnt know much more than that so thanks for the info. It's certainly quite possible this is the scenario unfolding and I truly hope you're right. Having a bit more understanding of the mechanics here does bolster my hopes a bit and I really do hope you conclusions about the next election prove correct.
That's a point I feel that most of Israel's criticizers completely ignore. All the criticism I hear of Israel on the peace front seem to assume, if not downright assert, that the Palestinians have no agency at all. That they bear no responsibility for the sorry state things are, and that there is nothing they can do moving forward. I think there is enough blame here to go around, covering everyone. With that I mean, of course, Israel and the Palestinians, but I also mean the US, Europe, as well as the way the media covers the conflict.
Completely fair to bring up but let me assure you I certainly dont place all blame on Israel over all this. Hamas are horrible terrorists and nothing
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Completely fair to bring up but let me assure you I certainly dont place all blame on Israel over all this.
Oh, I know that you don't. Sadly, you are very much the exception rather than the rule. It's enough to read this thread to see multiple [slashdot.org] instances [slashdot.org] of people doing just that.
To be fair, the pro-Israeli side has it's own fair share of zealots. Miraculously, some of those are also making an appearance in this very thread [slashdot.org].
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The idea that most of the world isnt black and white but shades of grey seems to be a hard concept for some people.
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This post is very much attempting to hand wave away the extreme racism that has always girpped Israel, and also gloss over the fact that the majority of Israelis like the status quo and are quite happy to continue the occupation forever. A growing minority are now openly advocating ethnic cleansing all Arabs, of course, but that is not new, and it's been growing steadily for years.
With that said, I do believe that had Mahmood Abbas approached with a serious offer, I do believe they would have allocated the resources to look at it.
Israelis believe that the Palestinians haven't made an offer. It turns out they have - a Palestinian state in the West Bank,
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With that said, I do believe that had Mahmood Abbas approached with a serious offer, I do believe they would have allocated the resources to look at it.
Israelis believe that the Palestinians haven't made an offer. It turns out they have - a Palestinian state in the West Bank, East Jerusalem and Gaza, with limited right of return (about 10,000 people) for those ethnically cleansed and compensation for the rest.
I'm going to ask you to cite your sources. Before you post them, please read them through. Since I've had this precise discussion many times before, here's what I believe you will find: There was an offer similar to what you describe, but it did not include "compensation for the rest". It included "the rest to be decided at a later date". More importantly, what was completely and utterly lacking from that offer was the end of the conflict. In other words, it is not a complete offer, but rather an interim o
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Israelis believe that the Palestinians haven't made an offer. It turns out they have - a Palestinian state in the West Bank, East Jerusalem and Gaza, with limited right of return (about 10,000 people) for those ethnically cleansed and compensation for the rest.
I'm going to ask you to cite your sources. Before you post them, please read them through. Since I've had this precise discussion many times before, here's what I believe you will find: There was an offer similar to what you describe, but it did not include "compensation for the rest". It included "the rest to be decided at a later date". More importantly, what was completely and utterly lacking from that offer was the end of the conflict. In other words, it is not a complete offer, but rather an interim one.
These are supposed to be peace talks. The thing we're supposed to be negotiating for is peace. Any offer that does not include a resolution to the conflict is not a serious one.
No, you are confusing "end of conflict" and "end of claims." Israel has said that the end of conflict and the end of claims are the same thing. They are not. End of conflict - Palestinians get a state. End of claims means that Israelis don't have to pay compensation for decades of quite horrific abuse, murders, repression and ethnic cleansing. Israel has artificially tied them together as it wants peace and never to be held responsible for its actions.
No. I'm sharing the blame because they have agency, and have things they can do and don't, and things they can not-do but do anyways, and these have consequences.
On one hand you are admitting that nothing the Pale
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If I understand what you're saying, you agree that in 30 years of negotiations, the Palestinians have yet to say what it is they want to consider the conflict resolved (however you want to call it). Is that right?
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If I understand what you're saying, you agree that in 30 years of negotiations, the Palestinians have yet to say what it is they want to consider the conflict resolved (however you want to call it). Is that right?
No, that is a comprehension failure on your part. It must have happened around the same time as the cognitive dissonance hit when I pointed out that you simultaneously acknowledge there is nothing any Palestinian politician can do to end the occupation and yet thought that one particular politician could somehow have ended it, without providing any explanation of how that might have happened short of an act of god.
The Palestinians have made what they want clear - a state on the West Bank, East Jerusalem an
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I've skipped over the ad-hominem insults. I hope they were not germane to your argument.
The Palestinians have made what they want clear - a state on the West Bank, East Jerusalem and Gaza, limited right of return.
I completely agree they want that. What I do not see, and you have not yet provided any citation that claim otherwise, is their willingness to consider the conflict resolved if they get it. At the moment, it's just something they want, where if that is satisfied, there will be other things they'll want as well.
Instead, when Abbas made a statement in 2012 from which it can be gleaned that the right of return isn't absolut
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So you want Palestinians to agree to no compensation, ever? I don’t think that’s reasonable - do you? And we’d need to ignore the Israeli position of never allowing a Palestinian state to exist. Oh, by the way, that’s an official part of the Likud charter, something Netanyahu has never officially or informally suggested be changed.
I do take your point about Abbas refusing to acknowledge Israeli’s right to exist. Remind me, what year and which Israeli PM officially acknowledge
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So you want Palestinians to agree to no compensation, ever?
This has nothing to do with what I want, and everything to do with what the Palestinians want. They can want an independent state covering all of the west bank and 50% of Israel, compensation, and a personal slave to each Palestinian in return for considering the conflict resolved. But they need to state it.
That's how negotiations work. Each side state what they want, and then, and only then, do you begin negotiating something that, hopefully, will be acceptable to both sides, and almost definitely not what
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So you want Palestinians to agree to no compensation, ever?
This has nothing to do with what I want, and everything to do with what the Palestinians want. They can want an independent state covering all of the west bank and 50% of Israel, compensation, and a personal slave to each Palestinian in return for considering the conflict resolved. But they need to state it.
That's how negotiations work. Each side state what they want, and then, and only then, do you begin negotiating something that, hopefully, will be acceptable to both sides, and almost definitely not what either side put in their initial proposal.
Except the Palestinians never gave such a proposal. They have never stated what they actually want, reasonable or not, in order for them to consider the conflict resolved.
So, once again, you want to tie compensation to the end of the conflict and demand the Palestinians sign without knowing how much they are giving up? Exactly how do they agree to do that? Do you think the PA somehow magically got agreement from all Palestinians to forego all compensation? Every Palestinian who lost a house gets a set value compensation? How many Palestinians lost houses? Were they all of equal value? How many lost them in 1948 and how many in 1967? What about farms, other possessions
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So, once again, you want to tie compensation to the end of the conflict and demand the Palestinians sign without knowing how much they are giving up? Exactly how do they agree to do that? Do you think the PA somehow magically got agreement from all Palestinians to forego all compensation? Every Palestinian who lost a house gets a set value compensation? How many Palestinians lost houses? Were they all of equal value?
Compensation can be phrased as a formula. It's a fairly standard approach. In fact, I think the UN even have standards to what that formula should be, though I haven't been able to find out for sure.
With that said, there's one thing I completely and utterly agree with you about: reading comprehension is really important.
Since I've answered every other point you raise within this specific thread, I think we're done here.
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So, once again, you want to tie compensation to the end of the conflict and demand the Palestinians sign without knowing how much they are giving up? Exactly how do they agree to do that? Do you think the PA somehow magically got agreement from all Palestinians to forego all compensation? Every Palestinian who lost a house gets a set value compensation? How many Palestinians lost houses? Were they all of equal value?
Compensation can be phrased as a formula. It's a fairly standard approach. In fact, I think the UN even have standards to what that formula should be, though I haven't been able to find out for sure.
Then why is it a showstopper for the Palestinians not to declare the full amount of compensation they want? Why are all Palestinian cards on the table at the start, and Israeli cards on the table only when they want to put them on the table?
With that said, there's one thing I completely and utterly agree with you about: reading comprehension is really important.
Since I've answered every other point you raise within this specific thread, I think we're done here.
So far, things you ahve said included:
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While I understand what you're referring to in regards to my own country I'll admit to being wholly ignorant of what you're getting at in regards to Israel here. What about Israel's election process has resulted in two decades of right wing, nationalist governance? We were able to vote our own nationalist out of power after only one term in office, why has Israel not only kept theirs but actually turned more nationalistic (at least as far as I've seen) over the last two decades?
Have you considered that maybe you're deeply disinformed about many things and that's why your lying eyes don't line up with what you're told?
First off Israel is the only country on earth where socialism ever came close to succeeding in any meaningful way, and it is still to this day a semi-socialist country where citizens routinely have to endure shortages of basic staples like eggs and butter due to socialist central economic planning and state mandated monopolies. Calling Israel "right wing" in any objec
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Subjugate the judicial branch to the government
There are only two democratic countries in the entire world where members of the Supreme Court are not appointed by elected officials and neither of them grant that court the ability to override the legislature. There are no democratic countries where a Supreme Court may nullify laws without even holding a hearing, where it has binding authority to alter drafts of legislation, where it appoints and controls the legal counsel of challenging parties, where it has veto authority over ministerial appointments a
So, why build in Israel with negative incentives? (Score:2)
They couldn't be bothered to invest here in the US (Score:2)
So, what is the difference between an ostensibly US company investing billions in Israel, or South Korea, or Taiwan. Why don't they invest that money in the US, employ US employees?