Intel Corp. (INTC) Plans Factory in China
Intel Corp. announced Monday it will build a $2.5 billion chip factory in China, giving the U.S. company a bigger presence in the booming Chinese market and boosting Beijing's efforts to attract high-tech investment.
The factory will supply chipsets to customers in China, which Intel expects to be the largest information technology market by the time the facility opens in 2010, Intel CEO Paul Otellini said.
Chipsets are computer chips that connect a microprocessor to other system components.
The factory will supply chipsets to customers in China, which Intel expects to be the largest information technology market by the time the facility opens in 2010, Intel CEO Paul Otellini said.
Chipsets are computer chips that connect a microprocessor to other system components.
Labels: INTC, Intel Corp.
posted by Stock Administrator @ 7:18 AM
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