Intel Jerusalem plant gets Bosch contract
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JERUSALEM, Jan 4 (Reuters) - Intel Corp's plant in Jerusalem
said on Tuesday it won a long-term contract worth hundreds of
millions of dollars to supply Germany's Bosch with electronic
control chips for vehicles.
The Israeli plant will provide Bosch, the leading supplier
of electronic subsystems, with chips for fuel injection,
electronic control and ABS systems, the company said in a
statement.
"A major portion of the 2000 models of leading vehicle
manufacturers, such as Mercedes, BMW, Cadillac, Ferrari and
Porsche will incorporate Israeli-manufactured chips produced by
Intel Jerusalem," said Amir Elstein, general-manager of Intel
Electronics Jerusalem.
Intel Jerusalem production manager Dov Faust said the plant
is changing its focus from Internet communications products to
controllers for vehicle brakes and motors and control components
for sophisticated machinery.
This market has a long life span and will result in
long-term contracts, Faust said.
REUTERS
Rtr 06:51 01-04-00 |
