Intel President and CEO Paul Otellini Monday confirmed the company plans to build a $2.5 billion chip plant in China. The plant, to be built in Dalian, on China's northeastern coast, will enter production during the first half of 2010.
Intel hopes the Dalian plant, which will be used to initially produce chipsets, and not the company's flagship microprocessors, will help drive down manufacturing costs.
"One of the things we want to learn in China is how to do very low-cost manufacturing," Otellini said during a press conference in Beijing, which was carried live over the Internet by Chinese media.
...I'm sure they will show you the "10-year old" method