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Intel to set up key plant in China

Posted: 17 Jan 2007     Print Version  Bookmark and Share


Market sources claim that Intel Corp. will put up a major manufacturing plant in China that will manufacture 65nm multi-core processors. According to Reuters, these unnamed sources pointed out that it will be Intel's biggest investment in the country to date and its first kind of manufacturing facility in Asia. This, according to one of the sources, will entail billions of dollars in investment.

Last month, Intel announced plans to make China an independent sales and marketing region starting in 2007, underlining the country's growing importance as the company's second-largest consumer market after the United States.

To date, Intel has invested about Rs.4,532 crore ($1 billion) in China, and has major test and assembly plants in Shanghai and Chengdu. The company has over 6,000 employees in the country.

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