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Intel's expected announcement seen boosting chips firms, BUSINESS TIMES

By Ishun P. Ahmad
Publication: Business Times (Malaysia)
Date: Thursday, July 5 2001


Business Times (Malaysia)

07-05-2001

INTEL Corp is expected to reveal additional investments worth a few
hundred million ringgit for its semiconductor business in Malaysia next
month, industry analysts said.
Analysts welcomed the news that Intel Corp chief executive officer
(CEO) Craig Barrett will be making a highly significant announcement to
underscore Intel's commitment to its investments in Malaysia.
Barrett is expected to make the announcement during his visit to
Intel's plant in Penang on August 2.
Intel plans to spend US$

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