Intel Cuts Ribbon on Billion-Dollar Plant in Vietnam
In Ho Chi Minh City today, Intel officially opened what CEO Paul Otellini called “the largest and most sophisticated assembly test facility in Intel’s global manufacturing network.” The $1 billion plant began cranking up in June, making chipsets for mobile devices. Just Tuesday, Otellini presided over the opening of another big Asian investment–a $2.5 billion semiconductor manufacturing plant in Dalian, China. In a pre-emptive defense against criticism for exporting jobs, the chip giant said last week it planned to invest between $6 billion and $8 billion on future generations of manufacturing technology in its U.S. facilities.
