Intel invests an additional 475 million USD in Vietnam
(VOVWORLD) - The multinational technology corporation Intel invested an additional 475 million USD in Intel Products Vietnam (IPV), the largest plant in Intel’s Assembly and Test network, IPV Director of Finance Alan Danner said Wednesday.
 Illustrative photo by Bloomberg |
This new investment follows the 1 billion USD Intel invested in a chip assembly and test facility at Saigon Hi-tech Park in Ho Chi Minh City in 2006. IPV is an important part of Intel’s global production chain, Danner said, adding that Intel intends to diversify its activities in Vietnam.