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Article: Intel to manufacture chip sets in China$2.5 billion facility blazes path in industry that Beijing is courting
- Article from:
- International Herald Tribune
- Article date:
- March 27, 2007
- Author:
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David Barboza
International Herald Tribune
03-27-2007
Intel has already labeled it ''Fab 68,'' the $2.5 billion chip manufacturing facility that is set to become the company's first major production site in Asia.There are only seven other Intel wafer fabrication facilities like it in the world, mostly in the Western United States.But after negotiating with the Chinese government and also getting U.S. government approval to produce sophisticated equipment here, Intel said it was simply time to move production of its 300-millimeter wafers to China.''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 ...