JERUSALEM, June 10 (Reuters) - Intel Corp ( INTC ) said

in response to a report on Monday that it was halting a $25

billion expansion of its factory in Israel that managing

large-scale projects often involves adapting to changing

timelines.

"Israel continues to be one of our key global manufacturing

and R&D sites and we remain fully committed to the region. As

we've previously noted, the scope and pace of Intel's ( INTC )

manufacturing expansion at our sites around the world depends

heavily on various factors," the company said in a statement.

"Managing large-scale projects, especially in our industry,

often involves adapting to changing timelines. Our decisions are

based on business conditions, market dynamics and responsible

capital management," it said.