US tech firm Intel plans $1.6 bn investment in China
Shanghai (AFP) Dec 04, 2014 - US microprocessor maker Intel plans to invest $1.6 billion over the next 15 years to upgrade an existing facility in China's western city of Chengdu, the company said in a statement provided to AFP on Thursday. It it the company's latest move in China, after it said in September it would invest $1.5 billion in two Chinese cell phone component firms by acquiring a 20 percent stake in the hold ... more

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