Chengdu has become a hot spot for investment in the China integrated circuit. Intel, the world's largest chip maker, was officially put into operation in Chengdu, the first factory in the western region, and will work with its factory in Shanghai Waigaoqiao to create a Pentium chip. For the first time in the Intel chairman visit to the former CEO Barrett announced at the ceremony, Chengdu factory of the two phase of the project will be completed in the first quarter of 2007, when Intel's investment in Chengdu will reach $450 million, nearly $500 million factory in Shanghai at present.
Intel's factory in Chengdu is located in the integrated circuit test package, which is similar to its factory in Shanghai. According to reports, the factory currently employs about 1300 people. In fact, the relatively low cost of labor in the western region, is one of the main driving force to attract investment in Intel. At the same time, Chengdu as a concentrated area of western universities, which has the power of scientific research and talent reserves, but also makes a number of companies, including Intel, including willing to invest in this.
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