Apple announces 1 billion euro investment in new Munich chip design facility, focus on 5G and wireless technologies

Apple today announced a major new investment project, revealing its plans to establish a European Center for Chip Design in Munich, Germany. The financial commitment will exceed 1 billion euros over the next three years.

The facility will hire hundreds of employees and focus on advancing mobile and wireless technologies, including 5G. The research and development will ultimately inform future Apple silicon chip designs.

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