GOING EAST: As part of the upgrade, Intel said in a statement it would bring its most advanced chip-testing technology to China.
BEIJING: Intel Corp will invest US$1.6bil (RM5.51bil) to upgrade its factory in the city of Chengdu in western China, the latest sign of how the chipmaker is deepening ties in a market that is proving increasingly troublesome for some US technology peers.
As part of the upgrade, Intel said in a statement it would bring its most advanced chip-testing technology to China. In exchange it will receive local and regional government support for construction.
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