Intel CEO Dr Craig Barrett announced Thursday that the company would expand its current Shanghai Intel plant so as to enable it to assemble and test the world sophisticated microprocessor of desktop computer, the Pentium 4.
The raising of productive capability would further meet strong world demand for computer system based on Pentium 4 microprocessor, the company said.
Through the plant extension Intel will introduce world advanced technology into China, and by installing the most sophisticated packet and test equipment, the Pentium 4 processor, based on 0.13 micron technique, can be produced here to meet world demand, said Barrett in Shanghai.
With increased hi-tech production capability, China is going to become stronger in world competition on technological market, Barrett added, and the plant expansion this time is a proof of Intel's long-term investment commitment to China's growing technological sectors.
The equipment installation will be completed by the year end and the first batch of chips for commercial use is to be turned out and shipped in the first half of next year. The estimated cost is US$100 million, one fifth of the Intel's announced total investment in China. Meanwhile, Intel is also planning to expand its Shanghai staff to more than 3000 people by 2004.
As world biggest chip producer, Intel started its China business in 1983 and now has 13 offices across China's mainland.
( May 11, 2002)
