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Chipmaker Intel is set to begin its first Pentium 4 CPU assembly in Shanghai this year.
The production is expected to start later this year, but it is not clear exactly how many units would be produced initially.
In the past few years, the Shanghai plant has undergone a 300 million US dollars overhaul in preparation for the assembly and testing. This upgrade brings Intel's total investment in the facility to 500 million dollars.
Intel set up the Shanghai plant in 1996 with an initial investment of 100 million dollars to produce flash memory. Later Intel invested another 100 million dollars and upgraded to chipset production.
(People's Daily January 16, 2003)
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