Jan. 24, 2002 – Manila, Philippines – Intel Philippines, a subsidiary of Intel Corp., Santa Clara, CA, is set to invest an additional $78 to $97.5 million (4 to 5 billion pesos) at its plant to produce Pentium 4 microprocessors made on 0.13-micron technology, and other microprocessors, on Intel’s 300mm wafer fab technology.

With this, total Intel investment in the Philippines amounts to approximately 67.6 billion pesos, reported Asia Pulse. As part of the plan, Intel will consolidate its operations in Cavite Province to make it one of Intel’s lowest-cost operations.

Intel Philippines GM Robin Martin said this plan would make the Philippine site Intel’s largest microprocessor & flash assembly and test factory, and would be a solid foundation for the facility’s long-term growth. Martin stressed that Intel continues to bring its latest technologies and products into the Philippines, including the Pentium 4.

The investments will be largely used to support the Pentium 4 ramp.

The Philippines was also the first assembly & test factory in Intel to introduce products on 0.13-micron and 300mm after fab technologies. Additionally, it is also Intel’s largest producer of mobile Pentium III processor-M. As part of this transition, Intel will phase out manufacturing of its older legacy products.

Intel said it is committed to expand technology development capability in the Philippines, including product design, assembly technology development, test technology development, and additional product engineering ownership. Intel Philippines has been the country’s top exporter for the last five years.