Going big: Intel is poised to pump more money into its Dalian facility in China to boost manufacturing capacity for non-volatile memory.
Intel Corp said it may invest up to US$5.5bil (RM23.66bil) in manufacturing semiconductors in China, stepping up efforts to improve ties with Beijing as it seeks new revenue streams while demand for its core computer processing chips falters.
The US firm said it would convert a facility in Dalian, its first plant in China, for memory chip production. It didn't disclose a time period for the investment, but said it will start making advanced memory chips that can store data without using up power, called 3D NAND chips, in second-half 2016.
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