Intel

Intel to Invest $1.6 Billion in China Factory

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Intel Corp will invest $1.6 billion to upgrade its factory in the city of Chengdu in western China, the latest sign of how the chipmaker is deepening ties in a market that is proving increasingly troublesome for some U.S. technology peers.

As part of the upgrade, Intel said in a statement on Thursday it would bring its most advanced chip-testing technology to China. In exchange it will receive local and regional government support for construction. Click here to read the full post

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Wahengbam Rorrkychand

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