US computer chip maker Intel Corp today opened its first chip set factory in Asia in China’s coastal city of Dalian, general plant manager Kirby Jefferson said.
An opening ceremony also was attended by Paul Otellini, Intel's president and chief executive officer.
The new plant will produce 65 nanometer chips and employ more than 1,500 employees, including more than 200 foreign employees.
This year is the 25th anniversary of Intel’s presence in China, and Intel has been investing and driving innovation to keep pace with the development of China’s IT industry, Otellini said. Otellini said the Dalian plant marks a milestone for Intel, which has invested $4.7 billion in China in the past 25 years.