Apple is investing more than 1 billion euros in new facility in Munich

Apple is building a new European Silicon Design Center in Munich, expanding its current operations in the German engineering hub with an investment of over 1 billion euros ($1.19 billion). 

In an announcement Wednesday, Apple said it plans to add hundreds of new employees, as well as a new facility focused on connectivity and wireless technologies, to its current operations. Right now, the company has a large engineering hub in Munich, with nearly 1,500 engineers from 40 countries working there in areas such as power management design, application processors, and wireless tech.