Thursday, January 22, 2009

Intel Philippines Close

Intel Philippines is closing its manufacturing plant in cavity by year end, Intel announced a billion dollar fab in china tha fave the way of speculation. The reasons vary — from high corporate taxes, to expensive electricity charges and even stealing of microchips. Other's says it’s about the structural integrity of the Cavite plant (that’s why the Laguna TechnoPark was an option). Intel may be really moving most of its Asian operations to China. That’s where cheap labor is abundant. Intel still has assembly test sites in Kulim & Penang, Malaysia, Pudong & Chengdu, China and Ho Chi Minh City, Vietnam.

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