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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Dieterich who wrote (55363)	5/11/1998 12:29:00 PM
From: Paul Engel	Read Replies (3) \| Respond to of 186894

Paul & Intel Investors - Intel's New Fab 14 In Ireland Officially Opens Today This will be Intel's FOURTH production 0.25 micron wafer fab. Intel also announced that Fab 10, also in Ireland, will be upgraded to 0.25 micron production within the next year or so. Paul {===================} biz.yahoo.com Monday May 11, 11:00 am Eastern Time Company Press Release Intel Opens First 0.25 Micron Microprocessor Production Factory in Europe Company to Convert Entire Ireland Site to 0.25 Micron Production LEIXLIP, Ireland--(BUSINESS WIRE)--May 11, 1998--Intel Corporation (INTC) officially pened 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.'' Fab 14, Ireland Fab 14 is located in Leixlip, Ireland, just outside of Dublin. The facility is approximately 800,000 square feet, including a 90,000 square foot cleanroom where Intel's latest computer chips will be made in an ultra-clean environment free from even the tiniest speck of dirt. Intel's 0.25 Micron Process Technology Ireland's Fab 14 joins three other Intel factories, D2 in California, Fab 11 in New Mexico and Fab 12 in Arizona, in building advanced microprocessors on Intel's 0.25 micron process technology. According to industry research firm VLSI Research of San Jose, Calif., Intel has shipped over 95 percent of the microprocessors made on an advanced 0.25 micron process technology in the marketplace today. Intel was the first semiconductor company to produce 0.25 micron chips in production volumes. To illustrate how small 0.25 microns is, a typical pollen microspore measures between 10 and 100 microns. Using Intel's new process technology, you could place between 40 and 400 transistors in the width of a pollen spore. Intel's advanced process technologies allow the company to produce physically smaller computer chips that operate at higher speeds (up to 400 MHz today), and yet consume less electricity (great for portable computers) and generate less heat (improved reliability). Intel manufactures tens of millions of microprocessors each year. Intel in Ireland Intel began operations in Ireland in 1989 and was projected to employ 2,600 people over the following 10 years. That employment level was attained after just six years. The second wave of investment (Fab 14) brought Intel Ireland's current employment count to over 4,000 people (over 95 percent are from the local region) and brought Intel's total investment in the country to over $2 billion (U.S.). Intel Ireland consists of: -- Fab 14, opening today, which will make advanced microprocessors on Intel's 0.25 micron process technology; -- Fab 10, opened in 1993, that currently makes a variety of advanced chip sets on a 0.6 micron process technology. Fab 10 is a 600,000 square-foot building featuring a 70,000 square-foot cleanroom. The fab will convert to the 0.25 micron process technology by the end of next year. -- Ireland Assembly/Test Operations, a 160,000 square-foot manufacturing plant that currently puts Intel's advanced microprocessors into their SEC (Single Edge Contact) cartridge. Intel, the world's largest chip maker, is also a leading manufacturer of personal computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom. Note to Editors: Third party marks and brands are property of their respective holders. Contact: Intel Corporation Howard High, 408/765-1488 howard.high@intel.com or Bill Calder, 503/264-5669 bill.calder@intel.com