Chipmaker Intel announced Monday it would build a US$2.5 billion wafer fabrication facility in northeast China, the company’s latest and largest investment to date in the booming country.The plant — which will also be Intel’s first fabrication plant, or fab, anywhere in Asia — will be located in the coastal city of Dalian in Liaoning Province in China’s northeast corner and will make chip wafers using 300-millimeter technology.Santa Clara, Calif.-based Intel said the investment marks the first time since 1992 — when it built a fab in Ireland — that the company has constructed an entirely new fab from the ground up on a new site. Most investments in new production capabilities since then have come in the form of expanded capacity at existing sites.Work will start later this year and the Dalian plant — to be known as Fab 68 — will begin initial production runs in the first half of 2010, the company said. At least initially, the plant will make chipsets that support Intel’s main PC and server microprocessor business lines.”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,”… Read full this story
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