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BIZCHINA / Center
Intel starts building chip plant in China
(Xinhua)
Updated: 2007-09-09 09:48
US computer chip giant Intel Corp began on Saturday to build its first
chipset plant in Asia, which involves US$2.5 billion in the first stage
investment.
Intel Chairman Craig Barrett attended the ground breaking ceremony of the
plant, which is located in the Dalian Economic and Technological
Development Zone in Northeast China.
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Barrett said at the ceremony that Intel chose Dalian because it is a
perfectly suitable location for the plant. "Intel will use its advanced
equipment and technology to build an environment-friendly computer chip
factory in the city, and promote the semiconductor manufacturing industry
in China," he said.
Steel structures and other framework projects have been in place at the
factory covering 160,000 square meters.
Kirby Jefferson, general manager of the plant, said they have started
recruiting staff from China and overseas, and are concentrating efforts
on constructing the new plant.
The project, which was announced in March this year, is Intel's first
chipset factory in Asia and part of its network of eight such factories
worldwide. The plant will go into production in 2010.
The ceremony was also attended by Zhang Xiaoqiang, vice minister of the
National Development and Reform Commission, China's top planning body,
and Xia Deren, mayor of Dalian.
"Intel's Dalian plant is a new breakthrough of economic and technological
cooperation between China and the United States, and it will also be a
push for the development of China's northeast, a former heavy industry
base," said Xia.
The city government of Dalian estimates the plant can provide about 1,700
jobs.
(For more biz stories, please visit Industry Updates)
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