Intel Begins Construction On $2.5 Billion Chip Plant In China

September 9, 2007 – 8:01 am

by Darren

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Intel has begun construction on a state of the Art chip plant in China that will cost $2.5 billion before it’s complete. The plant promises all of the newest technology, and is supposed to be environmentally friendly, as well.

Intel Chairman, Craig Barrett, attended the ground-breaking ceremony of the plant, which is located in the Dalian Economic and Technological Development Zone in northeast China.

Barrett said at the ceremony that Intel chose Dalian because it is a perfectly suitable location for the plant. “Intel will use its advanced equipment and technology to build an environment-friendly computer chip factory in the city, and promote the semiconductor manufacturing industry in China,” he said.

Steel structures and other framework works have been in place at the factory covering 160,000 square meters.

Kirby Jefferson, general manager of the plant, said they have started recruiting staff from China and overseas, and are concentrating efforts on constructing the new plant.

The plant is Intel’s first major manufacturing plant in Asia and is expected to being production by 2010.

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