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Politics : Formerly About Applied Materials

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To: robert b furman who wrote (52726)	9/21/2001 8:08:42 AM
From: Proud_Infidel	Read Replies (1) of 70976

Intel to spend $302 mln to boost China chip plant SHANGHAI, Sept 21 (Reuters) - Intel Corp (NasdaqNM:INTC - news) will spend $302 million on expanding the capacity of mits chip assembly and testing plant in Shanghai, the world's leading chip maker said in a statement seen by Reuters on Friday. The investment would be used for validation, testing and assembly of the new Intel 845 chipset for the Pentium 4 processor, the statement said. The chip plant was set up in 1998 to assemble and test flash chips at a cost of $198 million.

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