Computer chip designer and manufacturer Intel (INTC.NASDAQ) finally opened its first chip plant in China, more than three years after the company first announced plans to invest US$2.5 billion to build the plant, Reuters reported. The plant is located in the northeastern city of Dalian and has been the subject of many rumors, including that Intel might delay or even scrap plans to build it. China has struggled to build an internationally competitive semiconductor industry but has so far largely failed. Intel has also established an assembly and test site in Chengdu in Sichuan province and has R&D centers in Beijing and Shanghai. The new plant brings Intel’s total investment in China to US$4.7 billion.
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