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March 15, 2007

Intel Expands in China

Intel set to announce expansion plans in China.  Businessweek says:

Word leaked that China's National Development & Reform Commission gave Intel (INTC) the go-ahead to build a $2.5 billion chip-manufacturing facility in the northeastern city of Dalian, although Intel declined to comment on the matter.

While Intel declined to confirm the construction plans, rumors have been circulating for some time. Indeed the company has made no secret of plans to beef up manufacturing in mainland China.

To read more:

http://www.businessweek.com/technology/content/mar2007/tc20070313_198288.htm?chan=globalbiz_asia_more+of+today%27s+top+stories

Posted at 03:41 PM |

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