Intel plans $300M assembly plant in Vietnam

[Bush_Eats_Beef]

Silicon Valley/San Jose Business Journal - 7:37 AM PST Tuesday

Intel plans $300M assembly plant in Vietnam

Intel Corp. said Tuesday it will invest $300 million to build a semiconductor assembly and test facility in Ho Chi Minh City, Vietnam. Santa Clara-based Intel (NASDAQ:INTC) said it plans to invest over $6 billion worldwide ny the end of the year for capital additions.

When completed, the Vietnam facility will be the seventh assembly site of Intel's global network and is projected to eventually employ about 1,200 people.

The semiconductor giant has other such facilities in Penang and Kulim, Malaysia; Cavite, Philippines; Chengdu and Shanghai, China; and San Jose, Costa Rica.

http://www.bizjournals.com/sanjose/stories/2006/02/27/daily14.html?f=et79&hbx=e_du

[yourout]

1. Notice on this list that there are no American facilities.

Why not? No EPA....No Unions....Slave Labor....And tax breaks from the Pukes to help things along.

[SoCalDem]

2. Can you imagine what a boost that would be if it were being built HERE?

Of course there's more money to be made when you don;t have to obey environmental laws, and can pay $1 a day for eager workers:(

the stuff they make will be imported back into the US at TOP dollar..soon no one here will be able to afford to buy that stuff...

[Bush_Eats_Beef]

3. It could have been a "tide-turning" moment.

Someday. 2008 is only a few years away.

:patriot: