Intel opens chip plant in ChinaOctober 27th, 2010 - 7:45 pm ICT by IANS
Beijing, Oct 27 (IANS) The US computer chip maker Intel Corp. has started operation of its first chip plant in Asia in China’s Liaoning province, a media report said Wednesday.
The $2.5-billion plant is located in the high-tech Jinzhou New District, north of the port city of Dalian. It covers an area of 163,000 sq. meters, China Daily reported.
With over 1,700 employees, 88 percent of whom are locals, it will initially produce chipsets for laptop computers, high-performance desktop PCs and powerful servers.
“This is the first fab we’ve built at a brand new site since 1992,” Paul Otellini, Intel’s chief executive officer, said at the commencement ceremony Tuesday.
The plant has been dubbed “Fab 68″, as the numbers six and eight are auspicious in Chinese culture.
“Over time, I believe that Fab 68 will be a prime example of how investment in innovation fuels economic prosperity, and not only in Dalian but in China as a whole,” he said.
The factory will be Intel’s eighth producing 300-millimeter integrated wafers.
It will use 65-nanometer technology, an advanced method of computer chip-making that measures its work in 65 billionths of a meter.
The technology is more advanced than the 90-nanometer technology that Intel had pledged when it initially announced the project.
Construction of the plant began in September 2007.
“The project will bring positive and obvious effect to the industrial restructuring and development of high-tech industries in Dalian,” said Xia Deren, mayor of Dalian.
- Intel's Sandy Bridge chipset 'to revolutionise PC market' - Sep 14, 2010
- Intel quarterly profit drops - Apr 18, 2012
- Intel to invest $100 mn in car technology innovation - Mar 01, 2012
- Multinationals eye China's Northeast despite global downturn - Mar 22, 2009
- Intel Capital invests Rs.115 crore in 3 Indian tech firms - Mar 25, 2010
- Intel Forecasts Enliven Wall Street, Stock Prices Soar Upwards - Jul 14, 2010
- Chinese supercomputers to use homemade microchips - Mar 08, 2011
- Profits slump at world's top chipmaker Intel - Apr 15, 2009
- North Korea releases detained Chinese fishermen - May 21, 2012
- Intel ships new Atom processors to PC makers - Dec 29, 2011
- Jailed Chinese dissident Liu Xiaobo wins 2010 Nobel Peace Prize - Oct 08, 2010
- Intel to buy McAfee in $7.7-bn deal - Aug 19, 2010
- US sues Intel over anti-competitive conduct - Dec 17, 2009
- AMD unveils new chip for powering computer applications - Feb 01, 2011
- Wipro unveils slimmest ultrabook for Indian market - Feb 21, 2012
Tags: chief executive officer, china beijing, china daily, chinese culture, chip maker intel, chip plant, commencement ceremony, computer chip maker, dalian, economic prosperity, intel corp, jinzhou, liaoning province, nanometer technology, paul otellini, performance desktop, project construction, sq meters, wafers, xia