Deluge of foreign capital marks strong start to 2021 08:00 | 05/02/2021
Deluge of foreign capital marks strong start to 2021
Intel Corporation, the US-based manufacturer of semiconductor computer circuits, last week announced injecting an additional $475 million into its plant in Vietnam, taking its total involvement in the country to $1.5 billion.
The new investment will develop complex technologies like manufacturing 5G products and the next generation of Intel Core processors.
Kim Huat Ooi, general manager of Intel Products Vietnam (IPV) said, âAs of the end of 2020, IPV has shipped more than two billion units to customers worldwide. We are very proud of this milestone, which shows both how important IPV is to helping Intel meet the needs of its customers all around the world and why we continue to invest in our facilities and team here in Vietnam.â