Apple to invest 1B euros in development of new processors

Apple to invest 1B euros in development of new processors Apple will invest an additional 1 billion euros in German engineering over the next six years as part of its Silicon Design Centre expansion in central Munich
ICT
March 3, 2023 10:08
Apple to invest 1B euros in development of new processors

Apple will invest an additional 1 billion euros in German engineering over the next six years as part of its Silicon Design Centre expansion in central Munich, Report informs referring to Apple website.

This is on top of the company’s previous 1-billion-euro investment commitment from 2021, when Apple established Munich as the headquarters to its new European Silicon Design Centre. Munich is already Apple’s largest engineering hub in Europe, and the engineering teams there are integral to the new innovations that delight Apple customers around the globe.

“Our Munich engineering teams are on the cutting edge of innovation, helping imagine new technologies at the heart of the products we make,” said Tim Cook, Apple’s CEO. “Apple has been in Munich for more than 40 years, and we’ve never been more excited about what the future holds here.”

Building on Apple’s longstanding presence in Germany and growing investments across Europe, the company will design and construct a state-of-the-art research facility at Seidlstrasse. With significant lab space, cutting-edge design, and a central location, the space will enable Apple’s R&D teams to come together in new ways, enhancing collaboration and innovation.

Apple’s Munich-based teams have contributed to the breakthrough custom silicon designs used in the latest Apple products, as well as critical cellular and power management innovations. This includes the all-new MacBook Pro featuring M2 Pro and M2 Max, Apple’s next-generation Mac silicon that brings even more power-efficient performance and battery life to users everywhere.

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