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Posts Tagged ‘Intel’

Intel inaugurates $1 billion chip plant in Vietnam, says biggest ever

In Uncategorized on October 29, 2010 at 8:42 am

Intel, the world’s largest chip maker, opened its Vietnam US$1 billion assembly and test facility on Friday in Ho Chi Minh City, saying the facility is the US corporation’s biggest in the world.

A drum performance for the grand opening of Intel’s Vietnam factory in Ho Chi Minh City on Oct. 29, 2010 (Photo: Tuong Thuy)

Intel President and CEO Paul Otellini and representatives of the Vietnamese government joined a grand opening ceremony held at the plant, which Intel says the largest and most advanced assembly and test facility in its global manufacturing network.


“Today, we’re celebrating a remarkable milestone – the inauguration of Intel’s newest and largest assembly and test facility, right here in Ho Chi Minh City. This is a remarkable achievement in which nearly everyone here played a key role,” Mr. Otellini said.

Intel President and CEO Paul Otellini launches the Vietnam factory in Ho Chi Minh City on Oct. 29, 2010 (Photo: Tuong Thuy)

“Over the summer, the factory started packaging and testing chipsets for laptops and shipping them to our customers around the world. Once fully ramped, the facility is expected to create several thousand jobs, and will be among the biggest exporters in
Vietnam.


“When we announced our investment 4 years ago, this was Vietnam’s first $1 billion high-tech project and the biggest-ever investment from an American company. I’ve been told
that Intel’s investment put Vietnam on the map for high-tech investment and helped the country attract significant investments from several leading global technology firms, including FoxConn and Compal.”


The plant is located inside Saigon Hi-Tech Park in District 9.


“First, this is the largest and most sophisticated assembly test facility in Intel’s global manufacturing network – double the size of anything we have built prior. The clean room alone measures 46,000 square meters, equal to the size of five-and-a-half football fields,” said Otellini.


“Then, there are the 400 new, local employees that have already joined the Intel family. Our Vietnam factory employees have received a hundred thousand hours of on-the-job and classroom training and earned hundreds of different types of technical certifications. The employees that work for us here are much more valuable to us than the physical plant itself.”


“When fully utilized, the Vietnam factory will dramatically increase our assembly and test capacity for Intel. It will help us deliver products for mobile computers, which are currently the fastest growing and largest portion of the PC market around the world.


“This factory is truly remarkable, and it will produce products that are platforms for future creativity. Our customers will use them to build world-changing technology.”


Speaking at the event, Vietnamese Deputy Prime Minster Hoang Trung Hai said, “The opening of the assembly and test facility in Vietnam is an important event and supports our goal of accelerating economic transformation led by technology-intensive industries.”


“Intel is also a committed partner for Vietnam government in modernizing the national education system. Intel helps to build a robust information technology ecosystem while fostering local innovation and creating significant high-tech job opportunities.”


“The Vietnamese government views this as an important and meaningful project for the success of the National Strategy of Information Technology Development by 2020,” said the Deputy PM.


Intel President and CEO Otellini reiterated his corporation’s long-term commitment to Vietnam and highlighted the importance of the support Intel has received over the past 4 years from the government, Saigon Hi-Tech Park, suppliers and local employees.

(L-R) Intel Products Vietnam general manager Rick Howarth, Intel Corp. vice president Steve Megli and American Michael Michalak attend the grand opening of Intel’s Vietnam factory in Ho Chi Minh City on Oct. 29, 2010 (Photo: Tuong Thuy)

Meanwhile, Intel Products Vietnam Co., Ltd. general manager Rick Howarth said, “Assembly and test is a critical final step in the end-to-end manufacturing of Intel’s silicon products.”


“We were attracted to Vietnam by a vibrant, skilled workforce with strong potential to increase the complexity and value-add of their contribution to Intel’s global business.”


The facility is one of seven operated by Intel worldwide.
Hochiminh City People Committee chairman Le Hoang Quan said at the ceremony, “City leaders appreciate the efforts of Intel corporation worldwide and  Intel Products Vietnam in both implementing the project and providing consultancy and supports of IT training and development, and community activities, particularly in District 9 where Saigon Hi-tech Park locates.”


“We hope that Intel Corporation and Intel President to continuously provide directions, sufficient technologies and marketing expertise in order to help this Intel factory to come into full operation with high quality products, bringing benefits to Intel and the city.”
 
“Besides, city leaders also request Intel Corporation to support the city to develop the supporting industries for Intel products at Saigon Hi-tech park, contributing to increase the localized portion in Intel chip production.”


Intel is the first major foreign investor in high technology in Vietnam. The country’s Ministry of Investment and Planning issued an investment license in Feb. 2006 for Intel to build a US$300 million assembly and test facility to produce chips and computer parts. The chip manufacturer later increased its Vietnam investment to US$1 billion.


Construction started in 2007. 

Source: SGGP

Intel helps Vietnam to develop IT sector

In Uncategorized on October 22, 2010 at 3:56 pm




Intel helps Vietnam to develop IT sector


QĐND – Friday, October 22, 2010, 22:35 (GMT+7)

Intel will help Vietnam to develop its information technology industry and train up the country’s human resources to increase internet use and people’s computer literacy.


A memorandum of understanding on the “Computers for Life” programme was signed by Deputy Minister of Information and Communications Nguyen Minh Hong and Intel Vietnam’s Director of Enterprise Solutions and the World Ahead Programme Chak Wong, in Hanoi on October 21.   


Under the deal, both will jointly implement programmes on policy consultation, strategies, assist development in the IT sector and domestic businesses manufacturing high-quality low-priced computers and providing useful digital services to people in Vietnam’s remote and mountainous areas.    


On addressing the signing ceremony, Chak Wong highlighted the Vietnamese Government’s attention to developing the IT sector to make Vietnam strong in IT and communications.


Promoting   Vietnam’s IT sector is of particular interest to Intel, said Chak Wong, noting that the MoU confirmed Intel’s pledge to expand its assistance to the Vietnamese market.


Deputy Minister Hong emphasised the significance of the MoU in promoting the nation’s IT industry. He said that he hoped Intel will actively help   Vietnam   in training hi-tech human resources in the future.    


Within the framework of the World IT Forum in   Vietnam   in 2009, the Ministry of Information and Communications launched the “Computers for Life” programme to donate computers to rural, remote and mountainous areas. Over the past year, more than 2,000 computers with Internet access and 300 printers, together with other equipment were presented to schools, disabled peoples centres and local people. 


The Ministry, along with Intel, will expand the programme to raise people’s knowledge through training activities to gradually bridge the digital gap.


Source: VNA


Source: QDND

Intel to inaugurate Vietnam $1 billion factory late Oct

In Uncategorized on October 20, 2010 at 7:04 am

Intel Corp., the world’s largest computer chip maker, will launch its Vietnam US$1 billion chip assembly and test facility in Ho Chi Minh City on October 29 after three years’ construction.


Intel Products Vietnam Ltd. Co. will organize an opening ceremony for the factory, which covers more than 46,000 square meters in Saigon Hi-Tech Park in District 9.


Intel is the first major foreign investor in high technology in Vietnam. The country’s Ministry of Investment and Planning issued an investment license in Feb. 2006 for Intel to build a US$300 million assembly and test facility to produce chips and computer parts. The chip manufacturer later increased its Vietnam investment to US$1 billion.


Construction started in 2007. This factory is now the largest computer equipment and manufacturing plant in Vietnam. Projected to employ 4,000 people, this site is the seventh assembly site in Intel’s global network. The other sites are Penang and Kulim in Malaysia, Cavite in the Philippines, Chengdu and Shanghai in China, and San Jose in Costa Rica.


Intel also has a sales and marketing office in Ho Chi Minh City, providing sales and support at the original equipment manufacturer (OEM), developer and end-user levels.


Saigon Hi-Tech Park is currently home to 44 local and foreign hi-tech companies, with total investment commitment of more than US$1.84 billion, generating over 10,000 skilled jobs.

(AFP file) Intel Chief Executive Officer Paul Otellini waves as he walks off the stage at the end of his keynote address at the 2010 International Consumer Electronics Show, January 7, 2010 in Las Vegas, Nevada.

In the US on Tuesday, Intel Corp. announced plans to invest up to US$8 billion in its US manufacturing facilities to produce next-generation computer chips.


Intel said the investment of six billion dollars to eight billion dollars over the next several years will fund deployment of its 22-nanometer (nm) chip manufacturing process across several existing US factories.


It will also fund construction of a new fabrication plant, known as a “fab,” in the northwestern state of Oregon, Intel said in a statement.

Source: SGGP

Intel to invest up to 8 billion dollars in US chip plants

In Uncategorized on October 20, 2010 at 4:08 am

NEW YORK, Oct 19, 2010 (AFP) – Intel Corp. announced plans on Tuesday to invest up to eight billion dollars in its US manufacturing facilities to produce next-generation computer chips.

(AFP file) Intel Chief Executive Officer Paul Otellini waves as he walks off the stage at the end of his keynote address at the 2010 International Consumer Electronics Show, January 7, 2010 in Las Vegas, Nevada.

Intel said the investment of six billion dollars to eight billion dollars over the next several years will fund deployment of its 22-nanometer (nm) chip manufacturing process across several existing US factories.


It will also fund construction of a new fabrication plant, known as a “fab,” in the northwestern state of Oregon, Intel said in a statement.


Intel, the world’s largest computer chip maker, is to begin production of its first 22nm microprocessors, codenamed “Ivy Bridge,” in late 2011.


Intel said the projects will support 6,000 to 8,000 construction jobs and result in the creation of 800 to 1,000 new permanent high-tech jobs.


“The most immediate impact of our multi-billion-dollar investment will be the thousands of jobs associated with building a new fab and upgrading four others, and the high-wage, high-tech manufacturing jobs that follow,” Intel president and chief executive Paul Otellini said.


Otellini said the investment demonstrates the Santa Clara, California-based company’s “commitment to invest in the future of Intel and America.”


“Contrary to conventional wisdom, we can retain a vibrant manufacturing economy here in the United States by focusing on the industries of the future,” said Brian Krzanich, senior vice president of Intel’s manufacturing and supply chain.


In February 2009, Intel announced seven billion dollars in state-of-the-art upgrades to its 32nm manufacturing facilities in the United States.


While three-fourths of Intel’s revenue is generated overseas, the company said three-fourths of Intel’s microprocessor manufacturing is located in the United States.


Intel said the new plant in Oregon is scheduled to begin research and development in 2013. It said the investment will also be used to upgrade two existing factories in Arizona and two existing facilities in Oregon.


With one million personal computers shipping per day, Intel said the upgrades will create the manufacturing capacity to allow for continued growth of the PC market and to address growing sectors such as mobile computing.


“Intel makes approximately 10 billion transistors per second,” Krzanich said. “These investments will create capacity for innovation we haven’t yet imagined.”


Intel shares were up 0.73 percent to 19.33 dollars in early afternoon trading on Wall Street.

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Source: SGGP

Intel posts 3 billion dollar quarterly net profit

In Uncategorized on October 13, 2010 at 8:09 am

 US computer chip giant Intel posted a quarterly net profit of nearly three billion dollars on Tuesday and record revenue of more than 11 billion dollars.


Earnings per share of 52 cents were slightly better than the 50 cents expected by Wall Street analysts.


Revenue rose 18 percent during the quarter ending September 25 to 11.1 billion dollars, roughly what the company forecast in August when it slashed its third quarter revenue outlook due to lower demand for computers.


Intel, the world’s biggest manufacturer of computer chips, said it expected revenue of 11 billion to 11.8 billion dollars during the current quarter.

The Intel logo is displayed outside the firm’s offices in Santa Clara, California

Intel shares were up 0.91 percent at 19.95 dollars in after-hours electronic trading.


“Intel’s third-quarter results set all-time records for revenue and operating income,” Intel president and chief executive Paul Otellini said.


“These results were driven by solid demand from corporate customers, sales of our leadership products and continued growth in emerging markets,” Otellini said in a statement.


“Looking forward, we continue to see healthy worldwide demand for computing products of all types and are particularly excited about our next-generation processor, codenamed Sandy Bridge, and the many new designs around our Intel Atom processors,” he said.


In a conference call with financial analysts, Otellini said Sandy Bridge represented the “largest increase in computing performance in our history.”


“Early demand is much higher than anticipated,” he said.


Otellini also said he did not expect tablet computers such as Apple’s iPad and upcoming devices running Google’s Android platform to significantly impact personal computer sales.


“Sure, at the margins they probably will, we saw the same things with netbooks,” he said.


“But three years later, both the PC and netbook markets have grown,” the Intel chief said. “In the end, the tablet category will be additive to our bottom line and not take away from it


“We think that tablets are exciting and we fully welcome their arrival,” he said.

Source: SGGP

Intel Corp. expands scholarship programme in Vietnam

In Uncategorized on July 20, 2010 at 3:18 pm




Intel Corp. expands scholarship programme in Vietnam


QĐND – Tuesday, July 20, 2010, 20:53 (GMT+7)

The Intel Corp. and the University of Portland have expanded their scholarship programme in Vietnam.


Specifically, California-based Intel Corp. will give an additional US $2.5 million to two-year scholarships for Vietnamese students.


After graduation, Vietnamese students will work for Intel’s biggest assembly plant in Ho Chi Minh City.


Apart from electricity and mechanics, Intel’s scholarship winners will attend courses in English, technology, and American culture.


As scheduled, The University of Portland held a party to welcome 22 Vietnamese students who had won grants from Intel Corp.


Mr. Rich Howarth, the Intel Products Vietnam’s CEO, confirmed that, by granting scholarships, the corporation wants to make its contributions to the Vietnamese education development as part of its development strategy.


In 2009, 28 Vietnamese students received Intel Corp.’s scholarships, worth US $2million.


Source: Vietnam+


Translated by Mai Huong


Source: QDND

Intel helps bring IT to rural areas

In Uncategorized on July 1, 2010 at 10:25 am




Intel helps bring IT to rural areas


QĐND – Tuesday, June 29, 2010, 20:42 (GMT+7)

Intel Vietnam will further extend a project to bring information technology (IT) to isolated and rural areas in Vietnam, following encouraging results of its first phase.


Under a memorandum of understanding signed between the Vietnam Public-Utility Telecom Service Fund (VTF) and the representative office of the Intel Semiconductor Ltd in Vietnam, from June 2010 till June 2015, Intel will compile handbooks on how to use computers, the internet and office software, to be distributed to people in isolated and rural areas.


The company will also cooperate with Vietnamese partners to convert office software into Vietnamese language for use in target areas. In addition, Intel will produce computers at reasonable prices for sale in three areas.


Seminars and training courses will be held to help local people improve their IT knowledge and skills.


According to Pham Do Tuan, General Director of Intel Vietnam, the MoU reaffirmed Intel commitments in helping Vietnam develop its IT industry.


As part of those commitments, Intel Vietnam recently announced scholarships worth US$1.76 million in 2010 to 22 technical students to study two years in Portland State University in the US.


In 2009, 28 Vietnamese students received Intel scholarships worth US$2.24 million for study abroad.


The scholarship programme was designed to prepare human resource for Intel’s giant electronic chip factory, which is operating in Ho Chi Minh City.


Additionally, Intel Vietnam also provided teaching equipment and experts to IT training facilities accepted Vietnamese students as trainees at its factory.


Source: VNA


Source: QDND

Intel presents scholarships to Vietnamese students

In Uncategorized on June 26, 2010 at 12:41 pm

After three month selection, Intel Products Vietnam June 24 awarded scholarships to 22 top engineering students under the second cohort of the Intel Vietnam Study Abroad Program. 

Winners of Intel’s Vietnam Study Abroad Program present at the awards ceremony (Photo: Courtesy of Intel)

The students were selected from six technical universities in Vietnam – Ho Chi Minh City University of Technology, HCMC University of Technical Education, HCMC University of Natural Sciences, HCMC International University, Hanoi University of Technology and Danang University of Technology – after passing three rounds of competitive examinations.

The scholarship winning students will study at Portland State University in the US during the academic years 2010-2012. The total values of the 50 scholarships both cohort 1 and cohort 2 is approximately VND76 billion (US$4 million).

The Intel Vietnam Study Abroad Program was introduced in December 2008 and sought qualified engineering students to study in a US academic environment for two years. The program organizers has selected 28 students in 2009 and 22 more students in 2010.

Source: SGGP

Intel top figure visits Pico Plaza

In Uncategorized on June 25, 2010 at 4:48 pm




Intel top figure visits Pico Plaza


QĐND – Friday, June 25, 2010, 20:7 (GMT+7)


PANO – Intel’s Vice-President of the Sales and Marketing Group and General Manager for Intel Corporation in Asia-Pacific, Navin Shenoy, on June 24th visited PicoPlaza at 76 Nguyen Trai St., Hanoi, during his working visit to Vietnam.


The Vice-President worked with Pico Vice-Director Trinh Duc Tuan and then toured PicoPlaza, an outlet of the Pico chain specialising in trading electrical and electronic products in Vietnam. 



The guest was surprised at the presence of a wide variety of goods in the plaza, including high-lass electronics, telecommunication equipment, electrical devices and hi-tech products, which were made by well-known international firms.


After the short tour, he expressed his wish to boost cooperation between his firm and the trader, especially in the IT area.


According to Pico leaders, the visit by a top official of Intel would open more opportunities for both sides and bring the ties between the producer and trader to a new high.


Reported by Thu Nguyen – Van Anh


Source: QDND

Intel backs RMIT engineering program

In Uncategorized on June 23, 2010 at 12:36 pm

Intel Vietnam has committed to providing 20 full scholarships to RMIT International University Vietnam’s new Master of Engineering program this year.

RMIT’s Master of Engineering (Electronic and Computer Engineering) was established last month to help Vietnam achieve its goal of having enough international standard engineering graduates to meet vital industry and infrastructure development needs in the near future.

The scholarships announced June 22 and sponsored by Intel will provide Vietnamese nationals with the opportunity to obtain RMIT’s internationally recognized professional engineering qualifications.

Each scholarship is worth nearly VND1 billion, which will cover total tuition fees, a pre-study English program (if required), all course materials, and a small stipend for living expenses.


In addition, students will be able to obtain the opportunity to do an exchange semester in RMIT University, Australia. Upon graduation in 2013, those students will join the engineer workforce at Intel’s largest Assembly and Test factory in Ho Chi Minh City.

Source: SGGP

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