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

March 26, 2007 By JOE McDONALD, AP Business Writer Intel Announces Plan for China Factory (AP)

A man stands near an Intel advertisement in Beijing Monday March 26, 2007. Intel Corp. announced Monday it will build a US$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. (AP Photo/Greg Baker)

(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.

Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .

Similar stories from PHYSorg:

Despite millions in tax credits, wind energy firms aren't hiring

Feb 08, 2010 | 5 / 5 (3) | 4

No mere pipe dream

Feb 08, 2010 | 4.6 / 5 (8) | 0

Wind power capacity grows at record pace, but industry jobs actually fall

Feb 05, 2010 | 4.2 / 5 (6) | 1

Airport security is a tech-firm gold rush

Feb 04, 2010 | not rated yet | 0

SKorean, US firms embroiled in chip espionage case

Feb 04, 2010 | 4.5 / 5 (2) | 0

Rate this story - 3.7 /5 (6 votes)

rank
1
2
3
4
5

view popular

Other News

Sprint Nextel slows subscriber loss in 4th quarter

Technology / Telecom

49 minutes ago | not rated yet | 0

(AP) -- Sprint Nextel says its subscriber losses slowed in the fourth quarter, an encouraging sign for the wireless carrier that has lost millions of customers over the past few years.

3 Questions: Steven Spear on Toyota's troubles

Technology / Other

29 minutes ago | not rated yet | 0

For decades, Toyota has been viewed as a paragon of corporate improvement, innovation and effectiveness, qualities that helped it become the world’s largest automaker.

Students find 'lost' office gear with tiny sensors

Technology / Engineering

1hour ago | 3 / 5 (1) | 1 |

(PhysOrg.com) -- Miniature sensors being developed by CSIRO promise to provide the answers to questions which seem to arise regularly in modern office workplaces like: "Where's my pen?" and; "Who nicked my ...

Toshiba to spend billions on new chip factory: report

Technology / Semiconductors

3 hours ago | not rated yet | 0

Japan's Toshiba plans to spend almost nine billion dollars to build a new factory producing memory chips for mobile telephones, cameras and other electronics, a report said Wednesday.

AOL integrates Facebook chat with AIM

Technology / Internet

3 hours ago | not rated yet | 0

(AP) -- As part of an ongoing effort to improve its user experience, Internet company AOL Inc. is letting users of its AIM instant-messaging service chat with friends on Facebook.