Tech giant Apple Inc. will spend over 1 billion euros for research and development and a new state-of-the-art facility in Germany, according to a press release.
- The spending program will cover the next three years, where Apple will make Munich its European Silicon Design Center. It will hire hundreds of new employees and focus on connectivity and wireless technologies.
- The new 30,000-square-meter facility is located in central Munich’s Karlstrasse. It will house Apple’s cellular unit and Europe’s largest R&D site for mobile wireless semiconductors and software.
- Apple plans to start moving into the building late 2022. It will LEED Gold certification and will run entirely on 100% renewable energy.
- The firm has spent over 15 billion euros with more than 700 companies across Germany. This includes chip manufacturer Infineon, battery company Varta, and chemical company DELO.
- “I couldn’t be more excited for everything our Munich engineering teams will discover — from exploring the new frontiers of 5G technology, to a new generation of technologies that bring power, speed, and connectivity to the world,” said Apple CEO Tim Cook.