Tuesday, October 25, 2005
Continuing its strategy to increase 300-mm manufacturing capacity, semiconductor supplier Intel Corp. announced Monday (Oct. 24) it would invest $650 million to expand an existing fab in Rio Rancho, N.M., called Fab 11X.
Intel (Santa Clara, Calif.) has 300-mm fabs in Oregon and Ireland, and announced in July it would spend $3 billion to erect a new 300-mm fab in Chandler, Ariz..
The company expects the additional 300-mm capacity to increase its ramp-up of 90- and 65-nm as well as other future process technologies.
"Additional 300-mm wafer manufacturing capability helps improve the overall cost-effectiveness of our worldwide manufacturing network, said Intel president and chief executive Paul Otellini in a statement. "Investing in an existing manufacturing site allows us to take advantage of our highly skilled workforce in New Mexico."
Construction and new tool installations are scheduled to continue through 2006, with production operations set to begin through the new expansion in early 2007. Intel is expected to create more than 300 new manufacturing jobs through the expansion.
By: DocMemory
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