Intel is expanding its facilities world-wide, announcing the opening of its biggest ever chip testing facility in Vietnam at a cost of $1 billion.
The facility, located in the Saigon Hi-Tech Park in Ho Chi Minh City, measure 46,000 square meters, making it the company's biggest testing and assembly facility anywhere in the world, comes just days after the company opened a 300mm fabrication plant in Dalian, China that cost $2.5 billion to build.
The new Vietnamese facility will be used to test and package chips produced elsewhere for markets world-wide, with Intel claiming that it will create 'thousands' of new jobs in the area.
The investment in both the Chinese and Vietnamese facilities by Intel, both of which started life back in 2007 before opening their doors officially this week, marks some of Intel's most major facilities investment in recent years.
The company isn't stopping there, however: as we reported earlier this month, it also plans to invest up to $8 billion in new and improved 22nm manufacturing facilities ahead of the launch if its 'Ivy Bridge' line of processors.
The news also follows the opening of OCZ's new SSD facility in Taiwan, suggesting that tech firms are recovering nicely from the worrying times of the global economic crash of recent years.
Are you pleased to see Intel investing in new facilities, or just wondering where all this money is coming from? Share your thoughts over in the forums.
The facility, located in the Saigon Hi-Tech Park in Ho Chi Minh City, measure 46,000 square meters, making it the company's biggest testing and assembly facility anywhere in the world, comes just days after the company opened a 300mm fabrication plant in Dalian, China that cost $2.5 billion to build.
The new Vietnamese facility will be used to test and package chips produced elsewhere for markets world-wide, with Intel claiming that it will create 'thousands' of new jobs in the area.
The investment in both the Chinese and Vietnamese facilities by Intel, both of which started life back in 2007 before opening their doors officially this week, marks some of Intel's most major facilities investment in recent years.
The company isn't stopping there, however: as we reported earlier this month, it also plans to invest up to $8 billion in new and improved 22nm manufacturing facilities ahead of the launch if its 'Ivy Bridge' line of processors.
The news also follows the opening of OCZ's new SSD facility in Taiwan, suggesting that tech firms are recovering nicely from the worrying times of the global economic crash of recent years.
Are you pleased to see Intel investing in new facilities, or just wondering where all this money is coming from? Share your thoughts over in the forums.
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