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Intel announces plan for China factory

Discussion in 'General Discussions and Lounge' started by rakib, Mar 26, 2007.

  1. rakib

    rakib New Member Webmaster

    Intel Corp. announced Monday it will build a $2.5 billion chip factory in China, giving the U.S. company a bigger presence in the booming Chinese market and boosting Beijing's efforts to attract high-tech investment.

    The factory will supply chipsets to customers in China, which Intel expects to be the largest information technology market by the time the facility opens in 2010, Intel CEO Paul Otellini said at a news conference in the Great Hall of the People. Chipsets are computer chips that connect a microprocessor to other system components.

    Details story at Intel announces plan for China factory - Yahoo! News

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