Silicon Valley for many is an important part of the acceleration of technology, resulting in a magnet for investors. Having successfully built a reputation as the world’s largest manufacturer of ecosystem technology, Apple is ready to plan for massive expansion on European soil in the long term. Aside from that, if this news makes you want to buy Apple’s stock index, we suggest you visit http://www.vixbrokers.com/forex/sp500.html to hire brokers who deal in S&P 500.
Meanwhile, Apple is ready to build a second Silicon Valley in Munich, Germany with the name Silicon Design Center which is ready to swallow up a large investment of up to the US $ 1.2 billion.
Apple’s investment in Germany will be carried out within the next three years to expand the research and development process.
To note, Munich has become Apple’s largest engineering center in Europe with nearly 1,500 engineers from 40 countries working in various fields ranging from power management design, application processors, and wireless technology.
The new Silicon Valley facility will later be home to Apple’s growing mobile unit, and Europe’s largest R&D site for mobile wireless semiconductors and software.
The team will also focus on 5G and other wireless technologies as Apple’s long-term innovations in the future.
The expansion follows a $ 600 million deal that Apple made with British-German processor designer Dialog Semiconductor in 2018 to bring the team that designs the main power chips used by iPhones and other devices.
It should be explained that Apple’s history in Germany has existed in Bavaria since 2015, employing 350 engineers.
In the process, Germany’s Silicon Valley is devoted to focusing on power management design and has played several important roles in producing the best quality processor chips.
Thanks to the hard work of the German team, Apple has also succeeded in developing to create special, prospective locations, to produce work productivity for its products such as the iPhone, iPad, Apple Watch, and Mac with the M1 processor.
Since the ongoing development in Germany and now, half of Apple’s global power management design team is located in the country, so the development of models and technology can be done easily.