Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Intel reportedly to invest $230 million in Malaysian upgrade
EE Times ^ | 12/08/2005 | Dylan McGrath

Posted on 12/08/2005 5:22:07 PM PST by nickcarraway

HASBROUCK HEIGHTS, N.J. — Intel Corp. plans to spend $230 million to expand its test and assembly facility in Kulim, Malaysia, according to a Thursday (Dec. 8) Associated Press report.

According to the report, Intel Chairman Craig Barrett said the additional investment will create up to 3,000 jobs in the region.

Intel has invested more than $4.2 billion since opening its first Malaysian facility in Penang in 1971, according to the company's Web site. Intel Malaysia is the company's most complex offshore site, according to the company.

Barrett has been on a barnstorming tour of Intel facilities in Asia this week. On Monday, he announced that the No. 1 semiconductor supplier plans to spend more than $1 billion over the next five years to expand its operations in India and invest in Indian technology companies.


TOPICS: Business/Economy; Computers/Internet; Local News; Miscellaneous
KEYWORDS: intel; malaysia

1 posted on 12/08/2005 5:22:08 PM PST by nickcarraway
[ Post Reply | Private Reply | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson