Tim Wang's eLearning Blog

03/26/07

Intel Invests Chip Factory in China

Filed under: Doing Business in China — timwang @ 06:37:16 pm

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.

Intel Fab 68 Chip Factory in Dalian China
Intel Fab 68 in Dalian China

Comments:

Comment from: Dr Tim Wang [Visitor] Email
hi, same name friend, isn't exciting to know you? since i come from the city-Dalian too.

Tim
PermalinkPermalink 06/11/07 @ 23:12
Comment from: Lisa [Visitor] Email
I think that moving out production is key things for competing on nowadays market. But development?
PermalinkPermalink 02/09/08 @ 19:09

This post has 2 feedbacks awaiting moderation...

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