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Intel applies to open new fab in Vietnam
DailyTech ^ | 1/4/2006 | Tuan Nguyen

Posted on 01/04/2006 6:26:44 PM PST by rivercat

Our sources tell us that Intel has applied for a license with the Vietnamese government to open a fab in Vietnam

Hot on the heels of announcing the reopening of Fab 12, our sources in Asia tells us that Intel has applied for a license with the Communist Party of Vietnam to open a brand new plant.

There hasn’t been a name released for the new plant or information about what it will produce but we know that it will be located in Ho Chi Minh City, which is Vietnam’s capital -- previously known as Saigon. The southern part of the city, known as Hi-tech Park, will be the location for the new plant.

Currently, 24% of the total exporting done by the region is to the US with industrial products and transportation and telecommunication technologies taking the top spot. Intel is said to be investing roughly $650 million US dollars into the project and the plant is estimated to staff over 2000 workers.
Our sources indicated that Intel Hong Kong will be leading the project. Ho Chi Minh City, being the economic center of Vietnam is a prime choice for Intel, especially considering that 30% of the city’s population are Master and Ph.D holders.


TOPICS: Business/Economy; Technical
KEYWORDS: commies; communists; hochiminhcity; intel; vietnam
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1 posted on 01/04/2006 6:26:45 PM PST by rivercat
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To: dcam

What's a fab?


2 posted on 01/04/2006 6:27:40 PM PST by Daralundy
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To: dcam
Henceforth, Intel can kiss my American arse BUMP!
3 posted on 01/04/2006 6:28:07 PM PST by conservativecorner
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To: dcam
"...especially considering that 30% of the city’s population are Master and Ph.D holders."

Big deal. I bet 30% of American communists also hold Masters of PHDs.
4 posted on 01/04/2006 6:28:43 PM PST by Texas_Jarhead
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To: Daralundy

A fab is a where they make computer chips.


5 posted on 01/04/2006 6:29:02 PM PST by rivercat (Welcome to California. Now go home.)
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To: Daralundy

Short for fabrication plant.


6 posted on 01/04/2006 6:30:15 PM PST by July 4th (A vacant lot cancelled out my vote for Bush.)
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To: conservativecorner

Communist Party of Vietnam.

Enough said.


7 posted on 01/04/2006 6:30:20 PM PST by Tyche (A half truth is a whole lie)
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To: Daralundy
What's a fab?

A fabrication facility - manufacturing integrated circuits (chips) for computers.

8 posted on 01/04/2006 6:30:35 PM PST by Izzy Dunne (Hello, I'm a TAGLINE virus. Please help me spread by copying me into YOUR tag line.)
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To: dcam
"Ho Chi Minh City, which is Vietnam’s capital"

Huh??

9 posted on 01/04/2006 6:34:22 PM PST by DJ Taylor (Once again our country is at war, and once again the Democrats have sided with our enemy.)
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To: DJ Taylor
"Ho Chi Minh City, which is Vietnam’s capital"
hehehe...to the rest of the world, ya know...
10 posted on 01/04/2006 6:36:48 PM PST by Toidylop
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To: DJ Taylor
"Ho Chi Minh City, which is Vietnam’s capital" Nice catch. Vietnam
11 posted on 01/04/2006 6:43:04 PM PST by rivercat (Welcome to California. Now go home.)
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To: dcam
30% of the city’s population are Master and Ph.D holders

Hmm. Should be hearing some wonderful news of great doings any day now.

12 posted on 01/04/2006 6:45:08 PM PST by RightWhale (pas de lieu, Rhone que nous)
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To: dcam

Escaping from the EPA and trial lawyers here in the USA. Hard to be competative here when your paying protection money.


13 posted on 01/04/2006 6:45:14 PM PST by Voltage
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To: dcam

in 15 years, the entire US semiconductor industry will have gone offshore.


14 posted on 01/04/2006 6:45:39 PM PST by oceanview
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To: Voltage

they want cheap labor, and the ability to pollute, while still retaining free un-tariffed access to first world markets for their products.


15 posted on 01/04/2006 6:46:56 PM PST by oceanview
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To: oceanview

Probably true. We are the winners..a pristine environment without jobs.


16 posted on 01/04/2006 6:48:24 PM PST by Voltage
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To: Daralundy
What's a fab?

One a-these!


17 posted on 01/04/2006 6:50:15 PM PST by Revolting cat! ("In the end, nothing explains anything.")
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To: Voltage

15 years from now, DoD is going to have to figure out a way to maintain some portion of the semi industry as a "cottage industry" inside the US - if they want to be able to make weapons without having to source the components from china and other pacific rim hellholes that are not great friends of the USA.


18 posted on 01/04/2006 6:56:44 PM PST by oceanview
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To: RightWhale
30% of the city’s population are Master and Ph.D holders
You'd believe this crap!!!
19 posted on 01/04/2006 6:57:04 PM PST by Toidylop
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To: Toidylop
"Ho Chi Minh City, being the economic center of Vietnam is a prime choice for Intel, especially considering that 30% of the city’s population are Master and Ph.D holders."

Just goes to show you that communists are still world class liars.

20 posted on 01/04/2006 7:01:23 PM PST by DJ Taylor (Once again our country is at war, and once again the Democrats have sided with our enemy.)
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