Advertisement

Intel to build chip factory in Vietnam

HO CHI MIHN CITY, Vietnam, Feb. 23 (UPI) -- Intel Corp. gained Vietnamese permission to invest as much as $605 million on a semiconductor chip factory in Ho Chi Minh City.

The plant, which is expected to attract other foreign investors, will be Intel's sixth in Asia and be used for the final step of chip-making, when chips are split apart from wafers, packaged in ceramic casing, tested and sent to customers, the Wall Street Journal said Thursday.

Advertisement

Vietnam has emerged as a high-tech manufacturing center because it complements neighboring China's dominance in assembling TVs and desktop computers.

Latest Headlines

Advertisement

Trending Stories

Advertisement

Follow Us

Advertisement