Intel to build $300 million facility in Vietnam

— 2:08 AM on February 28, 2006

Good morning, Vietnam. Intel has confirmed that it will spend $300 million to build a semiconductor assembly and test facility in Ho Chi Minh City. The facility will be finished in 2008 and is expected to employ 1,200 people. There's no word on which products it will eventually handle, though.

Interestingly, most of Intel's chip testing and assembly plants are located in Asia. However, according to CNET, Intel has yet to decide whether to build a chip manufacturing plant in Asia.

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