SINGAPORE--Intel has announced plans to build a US$605 million assembly and test plant in Ho Chi Minh City, Vietnam, as part of a worldwide initiative to expand its production capacity.
According to Gary Willihnganz, Intel's Asia-Pacific director of marketing, the site will supply to its worldwide network of manufacturers that produce end-products such as microprocessors, chipsets, and flash components, on the latest Intel platforms including Centrino Duo, Viiv and Pentium D.
Construction of the plant is to start immediately, said Willihnganz. and will take place in two phases. He projected that the first phase will require about half of the US$605 million investment and would employ up to 1,200 people. By the end of the final phase, he estimated that the plant would employ about 2,000 staff.
"I don't know exactly when Phase 1 will end, but the factory will be online and in production in 2008," he said.
The facility will be Intel's first in Vietnam, and its seventh worldwide. Other sites include Penang and Kulim in Malaysia; Kavite, Philippines; Chengdu and Shanghai in China; and San Jose, Costa Rica.