Tuesday, February 28, 2006


Making the biggest investment in Vietnam of any U.S. Company, Intel said it would invest $300m to build a factory in Vietnam to package and test microchips that power PCs and mobile phones. The plant should open at the end of 2007 and is expected to be phase one more additions which will depend on factors such as factory yield and market conditions. The factory, which would employ about 1,200 people, might also test and package a small proportion of chips that go into network devices and consumer electronics. The factory is part of the company's global capital spending budget of over $6billion this year. Intel(INTC) is a stock we have written about many times. Keep an eye on this high tech mover. Intel(INTC) stock opened today at $20.70