Intel to consolidate plants, cut jobs

SANTA CLARA: Intel says it is consolidating its global manufacturing operations as a part of a restructuring bid which will affect up to 6,000 jobs.

The world's largest chip maker said on Wednesday it is closing two assembly test facilities in Penang, Malaysia and one in Cavite, Philippines and will halt production at a plant in Hillsboro, Oregon. It will also end wafer production at a facility in Santa Clara, California.

Intel currently employs 84,000. The company says not all employees will leave Intel, as some may be offered posts at other facilities.