To expand development of Apple Silicon, Apple announced that it will invest 1.19 billion USD in an European facility
Apple announced today that it will make Munich its European Silicon Design Center and expand development for its custom chips that will eventually be found in future iPhones, iPads, and Macs. The expansion plus R&D will result in Apple investing around 1 billion Euros, or 1.19 billion USD in the next three years. Apple says that the state-of-the-art facility will allow 1,500 engineers to gain employment from 40 different countries, as they will work on different things, such as power management chips to application processors.
