Global Sources
EE Times-Asia
Stay in touch with EE Times Asia
EE Times-Asia > Manufacturing/Packaging

Intel to invest $300M in Vietnam to build semiconductor assembly, test facility

Posted: 02 Mar 2006 ?? ?Print Version ?Bookmark and Share

Keywords:Intel? semiconductor assembly? test facility?

Intel Corp. announced that it will invest $300 million to build a semiconductor assembly and test facility in Ho Chi Minh City. This represents the first such investment by the semiconductor industry in Vietnam and supports Intel's strategy to invest to support overall demand.

According to the press release, the latest addition to the global network of assembly and test facilities will supplement Intel's existing activities in Southeast Asia. As part of its digital ASEAN program, the company continues to work on the development of a stronger digital workforce, integrating technology into education and government, as well as making technology more accessible for business and consumers.

"We applaud the progress the country has made in building up their technology infrastructure and the support of education programs to advance the capabilities of the local workforce," said Intel chairman Craig Barrett. "Intel looks forward to working with the government and public sector in Vietnam to grow their technology capabilities and competitiveness."

The new facility is part of Intel's worldwide expansion of production capacity. By the end of 2006, the company plans to invest over $6 billion worldwide for capital additions. Once completed, the Vietnam facility will be the seventh assembly site of Intel's global network and is projected to eventually employ about 1,200 people. Other sites include Penang and Kulim, Malaysia; Cavite, Philippines; Chengdu and Shanghai, China; and San Jose, Costa Rica.

Article Comments - Intel to invest $300M in Vietnam to ...
*? You can enter [0] more charecters.
*Verify code:


Visit Asia Webinars to learn about the latest in technology and get practical design tips.

Back to Top