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Intel starts construction of first fab in Asia |
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Sep 10, 2007 at 09:58 AM |
On September 8, 2007, Intel Corporation had a groundbreaking ceremony for its first 300mm front-end fab in Asia, with the facility located in Dalian, China. Dubbed Fab 68, the initial investment is said to be $2.5 billion with an eventual investment of $4 billion, according to the company.
"Intel's investment in Fab 68 comes at a time when Dalian's information technology industry is aiming to compete globally and become one of the top three IT clusters in China," said Dalian Mayor Xia Deren. "Fab 68 is not just bringing advanced chipset manufacturing to Dalian, Intel's presence will attract investment from virtually every segment of the IC industry, which in turn will have tremendous effect on the region's economy and industries. It is estimated that many suppliers are planning to follow Intel's lead and establish operations in Dalian. The cluster will help revitalizing the industries in China's Northeast region, and make Dalian rise to be one of the IT hubs in China."
Fab 68 will cover 163,000 square meters of factory space, host a 15,000 square meter clean room and will be operational in 2010, Intel said.
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