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Intel confirms Vietnam plant investment, expands Israeli R&D

Posted: 03 Mar 2006 ?? ?Print Version ?Bookmark and Share

Keywords:Mark LaPedus? Intel? semiconductor assembly? test facility?

Intel Corp. announced last week that it will invest $300 million to build a semiconductor assembly and test facility in Ho Chi Minh City, Vietnam.

The company declined to comment on which products will be assembled and tested at the plant. Still, this represents one of the first investments by the semiconductor industry in Vietnam and supports Intel's strategy to invest to meet chip demand.

"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, in a statement. "Intel looks forward to working with the government and public sector in Vietnam to grow their technology capabilities and competitiveness."

Construction of this facility will begin immediately, according to the company. When completed and opened in 2008, the Vietnam facility will be the seventh assembly site in Intel's global network and is projected to eventually employ about 1,200 people. Intel's other backend sites include Penang and Kulim, Malaysia; Cavite, Philippines; Chengdu and Shanghai, China; and San Jose, Costa Rica.

Meanwhile, Intel also announced that it has concluded a $6 million real estate deal with the municipality of Haifa, Israel to purchase about 5 acres of land to build its largest R&D center. No government funding is involved. The move is expected to double its development center in Haifa to 40,000 square meters and add 1,500 more employees in addition to the 2,000 employees already working there. Total cost to Intel will be nearly $20 million.

The move makes Israel one of Intel's key R&D centers. Israel will be its base for future development of the Pentium M family of processors, the first Intel processors developed outside the United States.

- Mark LaPedus
EE Times

Joel Bainerman in Haifa contributed to this report




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