Intel Invests Chip Factory in China
Intel just announced opening a new 300mm wafer fab plant in Dalian, Liaoning Province, China. The overall investment is 2.5 billion US dollars. This puts Intel on to the top "foreign investors' list".
"China is our fastest-growing major market and we believe it's critical that we invest in markets that will provide for future growth to better serve our customers," said Intel's president and chief executive Paul Otellini.
Dalian is one of the fastest growing coast cities in China. It's about 8 hours drive from Beijing and geographically close to both Korea and Japan. It is a well developed ice-free seaport. Many of my Chinese friends have good impression of the city Dalian, saying it's clean, safe and beautiful city. It seems Intel has picked a right place to land their new base. It is Intel's first new wafer fab at a new site in 15 years. The last one was in Ireland back in 1992.

Comments:
Tim
This post has 2 feedbacks awaiting moderation...