According to Intel's announcement, the semiconductor company will continue working with all its suppliers.
A heavy shadow has been cast over the Micron Israel plant since the beginning of the year, after the global company decided to shut it down. The factory, located within the Intel facility in Kiryat Gat, was subject to tough restrictions and could not have been moved to a different company without the chipmaking giant's approval.
Intel said in a statement that in the coming week the company would prepare job offers for Micron workers. Throughout the coming year, the Micron plant will continue producing flash memory chips for the company so that it can meet its commitments to clients.
Micron workers will join Intel in the next two months and will be employed in a variety of positions, mostly in the field of manufacturing. Intel currently employs 3,000 workers in its Kiryat Gat facility and a total of 8,500 workers in Israel.
At the end of this year, Intel is slated to stop producing the memories for Micron. According to estimates, Intel is considering using the Micron plant as the foundation for a new factory it plans to set up, whose final location has yet to be disclosed.
After the company's previous decision to build plants in Ireland and the United States, Israel is seen as a leading candidate for the new factory, subject to agreements the company strikes with the government.