Information Technology News
- Liaoning News
Date: 19-Jan-2007 Sources: (Shenzhen Daily)
INTEL Corp., the world's largest computer-chip maker, won approval from China to build a chipmaking factory in the northeastern city of Dalian, in what would be its biggest investment in Asia.
'Approval for the project was given by the Central Government,'' Gao Fujun, assistant counsel at the Dalian Foreign Trade and Economic Cooperation Bureau, said Thursday. He declined to say when approval was given.
Intel joins other chipmakers in starting plants in China as the country's economy outpaces growth in any other major economy. The approval may set back India's plans to woo Intel to set up manufacturing facilities in the South Asian nation.
The planned factory, Intel's first manufacturing facility in China, will be based in the Dalian Economic & Technological Development Zone, Gao said.
Intel has chip assembly and testing plants in Shanghai and Chengdu.
A chip-making facility typically costs more than US$2 billion.
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