Intel will build a plant worth $ 2.5 billion in China

Intel received permission to build a plant for the production of chips in China worth $ 2.5 billion. Currently, in China there is a huge demand for chips for personal computers and mobile phones. The plant will be located in the city of Dalyan. The launch is scheduled for 2010, reports CNews .

The increase in demand for chips in China is due to a rapid increase in the number of users of mobile phones and an increase in computers sales. The government calls for Chinese companies to invest more funds in the development of profitable technologies and encourages foreign companies translated by high -tech industries to China.

The company in China is 6 thousand employees, the company has plants in Shanghai and Changdu for the production of memory chips, microprocessors and other types of products.

The plant in Dalyan will become one of the largest Chinese projects financed by a separate foreign company if Intel completely invests $ 2.5 billion in this project.

Currently, the largest foreign investment project in China is the construction of an petrochemical plant worth $ 4.3 billion, which is conducted by Royal Dutch/Shell Group and two Chinese contractors on the country's southeastern coast.