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NPC & CPPCC Annual Sessions > Biz & Economy > News
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Intel might expand $2.5b investment in DalianBy Yu Tianyu and Li Weitao (chinadaily.com.cn)
Updated: 2009-03-07 17:49 Semiconductor giant Intel Corp is expected to expand its $2.5 billion investment in the coastal northeastern city of Dalian, the city's mayor Xia Deren said on the sidelines of the ongoing session of the National People's Congress. Intel in March 2007 announced the $2.5 billion investment to build a 300-mm wafer fabrication facility in Dalian, Liaoning province, the company's first wafer facility in Asia. Xia said the wafer plant is expected to be operational in March 2009 and Intel could expand the size of the investment, without giving details. The $2.5 billion wafer facility is Intel's biggest investment in China. It uses the 90-nanometer process technology. Xia said earlier that the more advanced 65-nanometer or 45-nanometer technology might be adopted at the plant.
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