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Intel opens first Chinese plant

Written by James Delahunty (Google+) @ 26 Oct 2010 11:32 User comments (11)

Intel opens first Chinese plant Intel Corp has finally opened its first plant in China several years after announcing the $2.5 billion project. The plant, located in the city of Dalian, opened on Tuesday after being announced in 2007.
"For 25 years now, Intel has been investing and innovating in China with China and for China," Chief Executive Officer Paul Otellini said in a statement. "This manufacturing facility helps deliver on our vision to contribute to sustainable growth in China while giving us better proximity to serve our customers in Asia."

Over the past three years, rumors emerged that Intel would delay or even scrap plans for the plant, but the chipmaker consistently denied that anything was amiss. The opening is a nod to the growing importance of China, which has struggled to build a globally competitive semiconductor industry.

Intel said it has already started doing business with as many as 80 suppliers in Dalian but didn't identify them. The opening of Intel's new plant fulfills Intel's total investment commitment in China to $4.7 billion.

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11 user comments

126.10.2010 15:32

In related news:
AMD stock prices UP!

226.10.2010 17:27

I'm surprised there are no comments on this topic... I figured there would be a big discussion about how it's bad that the factories are moving to Asia and stuff...


X_x

326.10.2010 17:52

more flippin chinese junk and give them the technology to use free. they have copied everything else like the russians used to.

426.10.2010 19:46

Great. Hopefully this wont take away from their proven quality. No offense to the Chinese people..

526.10.2010 23:08

I sure hope AMD starts making better chips; I hate buying products from China.

627.10.2010 0:36

So does that mean when plant workers start committing suicide there, they'll get all the negative attention like Foxconn?

727.10.2010 10:01

And you wounder why communist China is becoming a power house.


Forza Juve!!

827.10.2010 10:03

Originally posted by hglez86:
I'm surprised there are no comments on this topic... I figured there would be a big discussion about how it's bad that the factories are moving to Asia and stuff...
Your right. This is great material for public discussion. I don't think people are connecting the dots.

Forza Juve!!

927.10.2010 20:31

Originally posted by be9dod:
more flippin chinese junk and give them the technology to use free. they have copied everything else like the russians used to.
seriously, McCarthyism is still alive, in 2010 in the USofA?

Originally posted by KillerBug:
I sure hope AMD starts making better chips; I hate buying products from China.
you are going to have to stop buying 99% of electronics, clothes and many other household items as well. and by going to i mean, if this is how you feel you should never have.

Originally posted by juventini:
And you wounder why communist China is becoming a power house.

becoming? it IS one, there is no stopping that, but because they use communism, that automatically makes them bad, and the wonderful capitalism of the west the best thing since sliced bread. the recession says hello.




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1027.10.2010 23:50

Well, from what I hear China is becoming more of the "People's REPUBLIC of..." rather than the typical Communist type. They are very business-friendly now. Much more so than my current home community of Duluth, MN is, I'm sure. It's pretty sad when in SOME ways, a communist country is more capitalistic than our own.

1128.10.2010 0:20

Originally posted by shaffaaf:


Originally posted by KillerBug:
I sure hope AMD starts making better chips; I hate buying products from China.

I didn't say that I don't buy from china...I just avoid doing so when possible.

As for china, they have become very business friendly. The government can offer slave labor, stability (they use the army as strikebreakers), and reliable electricity to anyone who is willing to bribe the correct officials. Everything you need to run a company except the equipment, the rice, and the "Dorms".

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