Thursday, September 20, 2001, updated at 23:26(GMT+8)
Business
Intel to Invest Another 300 Million US Dollars in China
The world's largest chip- maker Intel is to invest another 300 million U.S. dollars in China, to expand its chip packaging and testing plant in Pudong, Shanghai, the company announced Thursday in Shanghai.
The packaging and testing facility is Intel's first production base in China which became operational in 1998. The plant is located in the Pudong Development Zone in east Shanghai.
The new input adds the company's total investment in the Shanghai factory to 500 million U.S. dollars.
After the expansion project is completed, the workshop area of the plant will be more than four times larger, from the current 12, 000 square meters to 56,000 square meters.
The world's largest chip- maker Intel is to invest another 300 million U.S. dollars in China, to expand its chip packaging and testing plant in Pudong, Shanghai, the company announced Thursday in Shanghai.