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US technology giant Apple (Apple) said a few days ago that it plans to invest more than 1 billion euros in Munich, Germany, to build Europe’s largest mobile wireless semiconductor and software research and development center.

Apple said the company will make Munich its European Silicon Design Centre, a center focused on 5G and wireless technology that will create hundreds of new jobs.

“I’m excited about everything our engineering team in Munich will discover, from exploring the new frontiers of 5G technology to the next generation of technology,” Apple CEO Tim Cook said in a statement.

“Munich has been Apple’s home for 40 years.”

Apple has established a base in Munich since 1981, and today hundreds of engineers develop chips at Apple’s various centers in southern Germany.

Apple said the latest investment in southern Germany could “exceed 1 billion euros over the next three years”.

Apple said the planned new facility in Munich, expected to open in 2022, will house “Apple’s growing mobile phone division, as well as Europe’s newest research and development center for wireless semiconductors and software.

Further reading: The EU joins the chip manufacturing war and will fight for 20% of global output in 2030

A few days ago, the European Union released the “2030 Digital Compass” plan, setting a number of advanced technology goals, including producing 20% ​​of the world’s advanced chips by 2030, and building the first quantum computer by itself within 5 years. Dependence on U.S. and Chinese critical technologies.

The industry believes that Taiwan ranks first in the world in semiconductor wafer manufacturing. In order to achieve the above goals, the EU is bound to win over Taiwanese manufacturers such as TSMC and UMC to set up factories there.

The EU’s “Digital Compass 2030” plan, which is under consideration, focuses on chips used in connected cars, smartphones, connected devices, high-performance computers and artificial intelligence, as well as a global shortage of chips that has caused major automakers around the world to stop production .

The EU document states: “Our goal is to produce advanced, sustainable semiconductors, including processors, in Europe by 2030, at least 20% of the world’s value in terms of value.”

According to Bloomberg Intelligence, the European Union wants to start producing ultra-high-performance semiconductors that are even faster than the chips produced by the current industry leaders in Taiwan.