Tuesday, March 27, 2007
SWOP homepage3/26/07 NY Times: Intel to build Advanced Chip-Making Plant in China
By DAVID BARBOZAFrom an email to SWOP and friends:
SHANGHAI, March 26 — The Intel Corporation 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 United States government approval to produce sophisticated equipment here, Intel said it was simply time to move some production of 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 serve our customers,” Paul S. Otellini, the president and chief executive of Intel, said in a statement.
Of course, Intel’s facility, which is scheduled to open in 2010, probably will not give away any big secrets: Fab 68 will produce only so-called chip sets, or chips that work to support microprocessors. Intel officials say they will not produce the company’s core technology here, the powerful microprocessing chips.
Read More:
"It looks as if Intel has found a plant location with even fewer environmental restrictions than New Mexico. And a way to spend some of the $16 billion IRB given them by Sandoval County. Moreover, their new Chinese workers will be paid much less than the 10,000...employees Intel just laid off."
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