Deliver Your News to the World

Intel Invests $300 Million In Vietnam To Build Nationís First Semiconductor Assembly And Test Facility


HO CHI MINH CITY, Vietnam, Feb. 28, 2006 Ė Intel Corporation today announced it will invest $300 million (US) 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 Intelís strategy to invest to support overall demand. Construction of this facility will begin immediately.

ďWe 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,Ē said Intel Chairman Craig Barrett. ďIntel looks forward to working with the government and public sector in Vietnam to grow their technology capabilities and competitiveness.Ē

The latest addition to the global network of assembly and test facilities will supplement Intelís existing activities in Southeast Asia. As part of Intelís digital ASEAN (d-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.

This new facility is part of Intelís worldwide expansion of production capacity. By the end of 2006, the company plans to invest over $6 billion worldwide for capital additions. When completed, the Vietnam facility will be the seventh assembly site of Intelís global network and is projected to eventually employ about 1200 people. Other sites include Penang and Kulim, Malaysia; Cavite, Philippines; Chengdu and Shanghai, China; and San Jose, Costa Rica.

Intel, the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at

Intel is a trademark or registered trademark of Intel Corporation or its subsidiaries in the United States and other countries.

* Other names and brands may be claimed as the property of others.


This news content was configured by WebWire editorial staff. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.