Intel to open Jerusalem plant next week
JERUSALEM, Nov 8 (Reuters) - Intel Corp (INTC.O: Quote, Profile, Research), the world's biggest electronic chip maker, said on Sunday it would open its new die preparation plant in Jerusalem next week.
Intel closed its ageing Fab 8 chip plant in Jerusalem in 2008 and started converting the facility to a die prep plant.
Die preparation is the next stage following the production of wafers.
A spokesman for Intel in Israel said the plant -- which cost tens of millions of dollars to convert and employs 150 people -- officially will open next Sunday.
Intel Israel is one of Israel's largest exporters, with nearly $1.4 billion in 2008. Until now die preparation for Intel's chip wafers has been done in Asia.
Intel's $3.5 billion Fab 28 chip plant in Israel's southern city of Kiryat Gat opened late last year and makes processors with 45 nanometre-wide circuitry.
Intel also operates four research and development centres in Israel. (Reporting by Steven Scheer; Editing by Greg Mahlich)
© Thomson Reuters 2009 All rights reserved
India Investment Summit 2009
Top executives and bankers discuss their own plans and the broader opportunities and challenges for India during the Reuters India Investment Summit in Mumbai and Bangalore. Full Coverage | Blog
PLAYBOY SALE
An icon bows to changing times
With his Playboy Enterprises in talks to be sold for about $300 million, the 83 year-old Hugh Hefner will be giving up control over the iconic adult entertainment empire he founded that was instrumental in shaping society's opinions on nudity, sex and free speech. Full Article
India
US
UK
