Feeds

Intel shuts Shanghai plant

Chinese job shift

Internet Security Threat Report 2014

Intel plans to shut down an integrated circuit-packaging plant in Shanghai as a cost-cutting measure that will affect about 2,000 workers.

The company said today its chip manufacturing facility in the open economic development zone of Pudong, China will be shuttered over the next 12 to 18 months.

Intel spokesman Chuck Malloy told us the workers there are expected to be offered positions at the company's Chengdu or Dalian plants elsewhere in China.

The chip maker's assembly test facility in Chengdu currently employs over 600 people, according to the Intel website. Mulloy said the company is still working out the details of how many positions will be available at the plant.

The Dalian fab is still under construction and expected to begin chip production in 2010. The plant presently has a small number of employees now but will grow, according to Mulloy.

Intel has already announced the consolidation of several manufacturing and R&D operations around the globe this year to compensate for slower sales in the global recession.

In January, Intel said it will close chip assembly plants in Malaysia and the Philippines and stop US wafer operations in Oregon and California, affecting between 5,000 and 6,000 employees at the sites. Weeks later, it announced plans to merge its 800 European-based research and development staff into a single organization, dubbed Intel Labs Europe.

The cutbacks are spurred by Intel's 90 per cent drop in net income for its fourth quarter 2008 due to lowered demand from computers and a billion-dollar write-off of its investment in the WiMAX service provider Clearwire. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
MI6 oversight report on Lee Rigby murder: US web giants offer 'safe haven for TERRORISM'
PM urged to 'prioritise issue' after Facebook hindsight find
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Assange™ slumps back on Ecuador's sofa after detention appeal binned
Swedish court rules there's 'great risk' WikiLeaker will dodge prosecution
NSA mass spying reform KILLED by US Senators
Democrats needed just TWO more votes to keep alive bill reining in some surveillance
prev story

Whitepapers

Driving business with continuous operational intelligence
Introducing an innovative approach offered by ExtraHop for producing continuous operational intelligence.
The total economic impact of Druva inSync
Examining the ROI enterprises may realize by implementing inSync, as they look to improve backup and recovery of endpoint data in a cost-effective manner.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Simplify SSL certificate management across the enterprise
Simple steps to take control of SSL across the enterprise, and recommendations for a management platform for full visibility and single-point of control for these Certificates.