China update: K&S, Intel making progress

07/01/2002

Intel has announced plans for a $100 million expansion of its Pentium 4 assembly and test facilities in Shanghai. It reported that work would be completed on the plant this year, as part of a $500 million investment in facilities in China. Intel expects to employ 3,000 people in Shanghai by 2005.

Meanwhile, Kulicke & Soffa began construction on a new facility in the Suzhou-Singapore Industrial Park near Shanghai. The facility will be used for making bonding tools, dicing blades and test interconnect products. The facility will open in January 2003, providing a local source for consumables for assembly and test facilities in the region. The 145,000 square foot facility will be part of Kulicke & Soffa Suzhou Ltd.