virtualreview

china: news and opinion

Intel to build $2.5b chipset plant in China

US chip giant Intel Corp announced yesterday that it will invest $2.5 billion to build a 12-inch wafer fab plant in China a major breakthrough in attracting foreign investment to the hi-tech sector. ...full story at People's Daily

from People's Daily on Tue, Mar 27 2007

see also:

11 Nov 08 visit China boosts global economies with $570 billion infusion  »  YouTube videoChina announced that it will invest 4 trillion yuan (US$570 billion) into its own economy, immediately boosting stock markets worldwide. The money will be used to build new roads and bridges, improve airports and aid the countrys 800 million...
09 Apr 08 visit Intel sets up $500m fund  »  People's Daily Intel Corp's venture investment arm created a $500 million fund yesterday to invest in China's technology start-ups, in a fresh move to expand in the country's booming hi-tech sector. Intel Capital, which manages the new fund, will explo ...
09 May 09 visit China FAW, Volkswagen plan 5-billion-yuan auto plant in Chengdu  »  People's Daily China First Automobile Works (FAW) and Europe's auto giant Volkswagen said Friday they would jointly invest 5 billion yuan (735.3 million U.S. dollars) to build an auto plant in Chengdu, capital of southwest China's Sichuan Province. The plant is...
10 Sep 07 visit Intel begins work on $2.5b chip factory  »  People's Daily DALIAN: Intel Corp has started building a $2.5-billion chip factory in China at the weekend, expanding its foothold in the world's second largest personal computer market. Called Fab 68, the new factory will start operation in 2010 and b ...
29 Aug 08 visit China Power Investment Corp. to invest 2.8 bln yuan in wind power plant  »  People's Daily China Power Investment Corporation, one of the country's five power giants, said here on Friday it was investing 2.8 billion yuan (410 million U.S. dollars) in building a wind power plant, the largest of its kind in the northeastern Liaoning Province. ...
07 May 09 visit China enjoys rapid development of foreign investment  »  People's Daily Reporters learned at a news briefing for the first ever China Overseas Investment Fair that this year China will directly invest between 150 and 180 billion USD in foreign countries, while attracting between 80 and 100 billion USD of foreign direct...

« Today's Stories