Wednesday, March 14, 2007
China's cabinet has approved a plan by Intel Corp. to invest $2.5 billion in a microchip plant in Dalian, the National Development and Reform Commission said.
The plant will have a monthly capacity of 52,000 chips and use 90-nanometer technology to produce central processing units (CPU), said the NDRC on its Web site.
The investment is Intel's first such manufacturing facility in China but comes after it has invested about $1 billion in the mainland, where it has major test and assembly plants in Shanghai and the interior city of Chengdu.
Intel is in the midst of a major overhaul, including price and job cuts and new product roll-outs, as it works to stave off recent advances by rival AMD, which has gained market share in the last few years.
By: DocMemory
Copyright © 2023 CST, Inc. All Rights Reserved
|
