Chips

Intel raises Vietnamese stake

$1 billion for test and assembly

By Martin Veitch

Friday, 10 November 2006, 17:24

CHIP MAKER Intel is to expand its investment in Vietnam to $1bn, the firm confirmed today.

The move is a big boost for the credibility of the country and builds on a $300m investment announced in February.

Intel uses its Vietnam base for testing and assembly and could eventually employ 4,000 people, it said. µ

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Intel raises Vietnamese stake

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