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Friday, 29 October 2010 10:43

Intel opens $1bn Vietnam plant

Written by


We love you long time
Intel CEO Paul Otellini has opened yet another plant in East Asia. Following the opening of a $2.5 billion fab in China on Tuesday, Otellini cut the ribbon on $1 billion assembly and test facility in Ho Chi Minh City.

Otellini told reporters that the new plant was the largest and most advanced test facility in Intel's global manufacturing network. He stressed that the plant would generate thousands of jobs and boost Vietnam's exports.

The 46,000 square meter is twice as large as Intel's other assembly test facilities and it's housed inside Saigon Hi Tech Park, in District 9. We're not sure how the Vietnamese authorities dealt with the aliens though. Intel also made a commitment to assist Vietnam's plans to modernize its education system and foster local innovation.

Of course, it is also worth noting that Otellini has been an outspoken critic of the current US administration and that he, spoken as a true patriot, called for more investment in the US tech industry and the creation of a more business friendly environment in the US. It would appear that Otellini is more at ease doing business in single party states than in the United States.

At least he's not investing in North Korea. Yet.

More here.

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Comments  

 
+15 #1 Bl0bb3r 2010-10-29 10:50
"At least he's not investing in North Korea. Yet."

Or maybe he is, we just don't know it yet.
Never trust a two-faced dog!
 
 
+5 #2 NateMo1980 2010-10-29 11:28
I almost feel like boycotting Intel lately. Sure they make good products but whats up with all the growth in asia. They planning on taking over the world? We buy half the products, we should be building more plants here in US! :-*
 
 
+25 #3 nele 2010-10-29 11:38
Quoting NateMo1980:
I almost feel like boycotting Intel lately. Sure they make good products but whats up with all the growth in asia. They planning on taking over the world? We buy half the products, we should be building more plants here in US! :-*




I don't mind their investments in Asia, but I do mind the hypocrisy.

Pretty soon the US won't be making anything... Except war, of course.

Also, boner pills.
 
 
+4 #4 loadwick 2010-10-29 11:56
Quoting Bl0bb3r:
"At least he's not investing in North Korea. Yet."

Or maybe he is, we just don't know it yet.
Never trust a two-faced dog!


Yeah, because they will eat you over there!
 
 
+8 #5 nele 2010-10-29 12:14
Quoting loadwick:
Quoting Bl0bb3r:
"At least he's not investing in North Korea. Yet."

Or maybe he is, we just don't know it yet.
Never trust a two-faced dog!


Yeah, because they will eat you over there!












Unfortunately, they will eat ANYTHING over there.

Not like they have much choice, the poor bastards...
 
 
+5 #6 ReadeR 2010-10-29 12:16
Quote:
We love you long time



Peter > all !

srsly
 
 
+3 #7 arclight 2010-10-29 16:27
Great article Scott, as always. As for Mr. Otellini what can i say, he has been investing alot building plant after plant. I'm sure all the infrastructure will pay off in the future, giving their company a backbone for RD as well as mass production of their newst and best. I'm worried AMD is not doing the same, atleast at a smaller scale.
 
 
0 #8 thomasg 2010-10-29 16:33
Quoting nele:
I don't mind their investments in Asia, but I do mind the hypocrisy.

Pretty soon the US won't be making anything... Except war, of course.

Also, boner pills.


I thought those came from Canada? My spam box is always filled with Canadian Pharmacy emails, GET VIAGRA AND CIALIS NOW!!!
 
 
+1 #9 Fierce Guppy 2010-10-30 21:57
The destruction left in the wake of Asia's socialist revolutions has created a gaping economic disparity between us and them. It is simply cheaper and more profitable to make stuff in Asia to sell here.
 
 
+3 #10 JAB Creations 2010-10-31 06:46
This after about a week or two about Intel's commitment to opening plants in America?
 

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