HO CHI MINH CITY, Vietnam, Nov. 10, 2006 — Intel Corporation announced today that it will increase the size of the assembly and test facility it is building in Vietnam from 150,000 square feet to 500,000 square feet and raise its investment from the USD$300 million announced in February to USD$1 billion. Intel decided to increase the size of the facility after an internal study determined that 500,000 square feet was the most efficient size for assembly and test facilities.
The new Vietnam facility will be the largest single factory within the Intel assembly and test network. With the additional capacity plans, construction is now expected to begin in March. Production will begin in 2009 and could eventually employ as many as 4,000 people.