Intel builds processor plant
By Huang Zhiling (China Daily) Updated: 2006-10-26 10:23
It will begin operation next year and the company plans to increase its Chengdu
employees to 1,300.
Intel, the largest foreign investor in Chengdu, was the first company to
build a semiconductor plant of this size and scope in Southwest China.
"Intel's local site mirrors Chengdu's economic growth. We hope our success in
Chengdu sets a positive example for other multinational companies to invest in
the western parts of China," said Mike Adams, Intel Chengdu general manager.
Intel has been in Chengdu since 2003, when it announced plans to invest
US$375 million and establish a chipset assembly and test manufacturing facility.
Since its chipset manufacturing facility started production in September
2005, Intel has been Chengdu's largest importer and exporter. The company works
with more than 90 local suppliers and millions of chipsets produced in Chengdu
are being distributed to Intel's customers around the globe.
Otellini told China Daily that Intel had been extremely impressed by
Chengdu's infrastructure, and by the technical talent, pride and enthusiasm its
1,200 Chengdu employees contribute to Intel's global manufacturing network.
(For more biz stories, please visit Industry Updates)
|