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Technology Stocks : Intel Corporation (INTC)
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To: Tony Viola who wrote (145585)10/18/2001 12:43:20 AM
From: Paul Engel  Read Replies (1) of 186894
 
Intel - Cost Cutting at Work -

"The employees in Fab 7 will be shifted to Fab 11x in Rio Rancho. The Fab 11x plant is a 300-mm fab that is scheduled to move into production in 2002. "

Intel to phase out flash fab in New Mexico

By Semiconductor Business News
Oct 17, 2001 (4:17 PM)
URL: semibiznews.com

SANTA CLARA, Calif. -- Intel Corp. here today officially announced plans to phase out an older flash-memory fab in New Mexico. The company will shift the flash-memory products from this fab to a plant in Israel.

The company will shut down its so-called Fab 7 plant, a 6-inch, 0.35-micron wafer fab based in Rio Rancho. The plant will be "phased out by year's end," said Brian Harrison, vice president of Intel's Manufacturing and Technology Group, in a press briefing at the company's headquarters here.

The company said the move will have no material impact on its flash-memory chip business. The Fab 7 plant is an aging fab that went into production back in 1980, it was noted.

The product production in Fab 7 will be shifted to the company's Fab 8 plant in Jerusalem. That plant is a 6-inch fab design for 1-to-0.35-micron technologies.

The employees in Fab 7 will be shifted to Fab 11x in Rio Rancho. The Fab 11x plant is a 300-mm fab that is scheduled to move into production in 2002.
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