<p>US tech giant Apple said Wednesday it planned to invest more than one billion euros ($1.2 billion) in Germany and open Europe's biggest research facility on mobile wireless semiconductors and software.</p>.<p>Apple said it would make Munich its 'European Silicon Design Centre', creating hundreds of new jobs at a facility for 5G and wireless technologies.</p>.<p>"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," Apple CEO Tim Cook said in a statement.</p>.<p>"Munich has been a home to Apple for four decades," he added.</p>.<p>Apple has had a base in Munich since 1981 and now has hundreds of engineers developing microchips at its centres in southern Germany.</p>.<p>The latest investment in the region would "exceed one billion euros in the next three years alone", the company said.</p>.<p><strong>Read more: <a href="https://www.deccanherald.com/business/technology/make-in-india-apple-confirms-to-start-assembling-of-iphone-12-soon-959939.html" target="_blank">Make in India: Apple confirms to start assembling of iPhone 12 soon </a></strong></p>.<p>It added that the planned new facility in Munich, slated to open in 2022, would host "Apple's growing cellular unit, and Europe's largest R&D site for mobile wireless semiconductors and software".</p>.<p>The announcement comes a day after the EU said it aims to capture 20 percent of the world's semiconductor market by 2030 as Europe looks to become a tech power to rival the US and China.</p>.<p>Under a new roadmap, the European Commission also wants the EU to develop its first quantum computer before the end of the decade in order to be ready for a new era in fast computing.</p>.<p>A key component in everyday products such as cars and mobile phones, semiconductors are currently in short supply worldwide and Europe is dependent on Chinese and American imports in a market estimated at 440 billion euros ($523 billion) a year.</p>.<p>Shortages, caused by changes in supply chains because of the coronavirus pandemic, have forced some major German manufacturers including Volkswagen to suspend production lines.</p>
<p>US tech giant Apple said Wednesday it planned to invest more than one billion euros ($1.2 billion) in Germany and open Europe's biggest research facility on mobile wireless semiconductors and software.</p>.<p>Apple said it would make Munich its 'European Silicon Design Centre', creating hundreds of new jobs at a facility for 5G and wireless technologies.</p>.<p>"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," Apple CEO Tim Cook said in a statement.</p>.<p>"Munich has been a home to Apple for four decades," he added.</p>.<p>Apple has had a base in Munich since 1981 and now has hundreds of engineers developing microchips at its centres in southern Germany.</p>.<p>The latest investment in the region would "exceed one billion euros in the next three years alone", the company said.</p>.<p><strong>Read more: <a href="https://www.deccanherald.com/business/technology/make-in-india-apple-confirms-to-start-assembling-of-iphone-12-soon-959939.html" target="_blank">Make in India: Apple confirms to start assembling of iPhone 12 soon </a></strong></p>.<p>It added that the planned new facility in Munich, slated to open in 2022, would host "Apple's growing cellular unit, and Europe's largest R&D site for mobile wireless semiconductors and software".</p>.<p>The announcement comes a day after the EU said it aims to capture 20 percent of the world's semiconductor market by 2030 as Europe looks to become a tech power to rival the US and China.</p>.<p>Under a new roadmap, the European Commission also wants the EU to develop its first quantum computer before the end of the decade in order to be ready for a new era in fast computing.</p>.<p>A key component in everyday products such as cars and mobile phones, semiconductors are currently in short supply worldwide and Europe is dependent on Chinese and American imports in a market estimated at 440 billion euros ($523 billion) a year.</p>.<p>Shortages, caused by changes in supply chains because of the coronavirus pandemic, have forced some major German manufacturers including Volkswagen to suspend production lines.</p>