Intel starts building $2.5 bn chip plant in China
World's largest chip maker Intel, which deferred its decision to make India as a destination for semiconductor manufacturing, on Saturday held a groundbreaking ceremony here to build its first chip factory in Asia with an initial investment of $2....
By PTI |
DALIAN: World's largest chip maker Intel, which deferred its decision to make India as a destination for semiconductor manufacturing, on Saturday held a groundbreaking ceremony here to build its first chip factory in Asia with an initial investment of $2.5 billion.
Intel Chairman Craig Barrett, who was in India earlier this week, attended the ceremony of the plant, located in the Dalian Economic and Technological Development Zone in the booming northeastearn port city of China.
Barrett said at the ceremony that Intel chose Dalian because it is a perfectly suitable location for the plant, named Fab 68.
The $2.5 billion project is set to begin construction immediately and be operational in 2010. Fab 68 will cover 163,000 square meters of factory space and host a 15,000 square meter clean room.
Barrett said the plant would extend Intel's manufacturing leadership, while helping cultivate engineering talent, accelerate the growth of China's information technology (IT) and bring Intel's culture of environmental leadership to China.
"The scope and scale of our global manufacturing network gives Intel the ability to provide customers with leading-edge, energy-efficient products in high volume," he said.
"Fab 68 will have world-class infrastructure and be an integral part of our global manufacturing network while bringing us closer to our customers and partners in China," he said.
Intel Chairman Craig Barrett, who was in India earlier this week, attended the ceremony of the plant, located in the Dalian Economic and Technological Development Zone in the booming northeastearn port city of China.
Barrett said at the ceremony that Intel chose Dalian because it is a perfectly suitable location for the plant, named Fab 68.
The $2.5 billion project is set to begin construction immediately and be operational in 2010. Fab 68 will cover 163,000 square meters of factory space and host a 15,000 square meter clean room.
Barrett said the plant would extend Intel's manufacturing leadership, while helping cultivate engineering talent, accelerate the growth of China's information technology (IT) and bring Intel's culture of environmental leadership to China.
"The scope and scale of our global manufacturing network gives Intel the ability to provide customers with leading-edge, energy-efficient products in high volume," he said.
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"Fab 68 will have world-class infrastructure and be an integral part of our global manufacturing network while bringing us closer to our customers and partners in China," he said.
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