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To: Mr. Aloha who wrote ()5/11/1998 11:44:00 AM
From: Paul Dieterich  Read Replies (1) of 582
 
Intel Opens First 0.25 Micron Microprocessor Production Factory in Europe

Monday May 11, 11:00 am Eastern Time

Company Press Release

Company to Convert Entire Ireland Site to 0.25 Micron Production

LEIXLIP, Ireland--(BUSINESS WIRE)--May 11, 1998--Intel Corporation (INTC) officially opened the first 0.25 micron microprocessor production factory within Europe, the company announced today.

The new factory, called Fab 14, will produce advanced microprocessors -- such as the Pentium(R) II, Pentium(R) II Xeon(TM), and Intel(R) Celeron(TM) processors -- for the worldwide computer market. Fab 14 cost $1.3 billion (U.S.) to build and equip. The company also announced that it will convert Fab 10 (which is next to the new factory) to the 0.25 micron process technology. Intel expects the Fab 10 conversion to be completed next year at a cost of several hundred million dollars.

''Intel's ability to seamlessly ramp 0.25 micron process technology into full production has allowed us to bring higher performance microprocessors to customers at lower relative costs than any other time in history,'' said Craig Barrett, Intel president and chief operating officer. ''Intel will convert its entire microprocessor production to 0.25 micron technology by the beginning of the fourth quarter of this year. Ireland will play an important role in that conversion...''

Full article:

biz.yahoo.com
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