Intel to Build $2.5B Factory in China (Update)

(AP) -- Intel Corp. announced Monday it will build a $2.5 billion chip factory in China, giving the U.S. company a bigger presence in the booming Chinese market and boosting Beijing's efforts to attract high-tech investment.

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<p><a href="http://www.physorg.com/news94104601.html">Intel to Build $2.5B Factory in China (Update)</a></p> <p>(AP) -- Intel Corp. announced Monday it will build a $2.5 billion chip factory in China, giving the U.S. company a bigger presence in the booming Chinese market and boosting Beijing's efforts to attract high-tech investment.</p>