Gadgets & Electronics

Intel To Open US$375m Chip Plant

Intel Corp. is building a new chip plant in Chengdu, in southwest China's Sichuan Province, with an investment of 375 million US dollars, to be put into operation next year and provide 675 jobs.

According to Craig Barrett, Intel's chief executive officer, who was present at the foundation laying ceremony, Intel expects to set up the world's first-class sealing and testing plant by cooperating with the municipal government. The Chengdu plant was designed to meet the increasing demand for Intel products by customers in Asia and the rest of the world, he said.

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