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Intel May Be Inside India Or Vietnam

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[ Business]

The chipmaker plans to build a new $400 million chip assembly and production plant in Southeast Asia.

New Intel CEO Paul Otellini, speaking in Hanoi, told reporters that Vietnam along with other locations could be the destination for an assembly plant. These plants take completed chips and make them part of a finished package, according to Mercury News.

A report from India states its information technology minister says Intel is also considering that country for the plant. India would seem to have the edge due to the number of existing chip factories there that could feed an assembly plant.

Mr. Otellini has signed an agreement with the Vietnamese government to increase computer usage in what he calls Southeast Asia’s fastest-growing market.

“This is a very good country for us to operate in, good market potential, highly educated population and a willingness to change the economy toward a digital-based economy,” he said.

According to an Intel spokesperson, a decision has not yet been made about the prospective plant’s location.

It is unknown if the chipmaker is considering sites outside of Southeast Asia for this particular plant.

David Utter is a staff writer for WebProNews covering technology and business. Email him here.

Intel May Be Inside India Or Vietnam
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