Tuesday, December 14th 2021

Intel CEO Trip to Asia Detailed

We already know that Intel will be visiting TSMC in Taiwan and that the team from Intel would also be heading over to Malaysia for what was as yet an unknown reason, but new reports are coming in that Intel is planning to announce an investment of US$7 billion which will be used to build a new chip packaging plant in Penang. The announcement is said to take place in Kuala Lumpur, together with Malaysian Minister of International Trade and Industry Azmin Ali and Malaysian Investment Development Authority chief executive Arham Abdul Rahman.

Intel already has multiple locations on the island of Penang, alongside many other technology companies, such as ASE, Bosch, Osram and Western Digital to name a few. While the trip to Malaysia seems to at least involve a meet and greet, as well as a press conference with representatives for the Malaysian government, it seems like Gelsinger's time in Taiwan will not involved any meetings with government members, as Taiwan's Minister of Economic Affairs Wang Mei-hua has said that Gelsinger is in Taiwan strictly for business and won't be meeting with her. However, Taiwan will at least not force Gelsinger to waste two weeks in quarantine, as he'll get the special treatment that some foreign enterprises are given for short business trips to Taiwan.
Sources: Taipei Times, Taiwan News
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5 Comments on Intel CEO Trip to Asia Detailed

#1
bonehead123
$7B... that's all, wtf ??

Seems like they're just greezin some palms here & there, but not really enough to actually build new fabs or other facilities...

Wang Mee how.... maybe they should have invited Mr. "Wang Huang lo" for moar serious talks, hehehehe :)
Posted on Reply
#2
Garrus
bonehead123$7B... that's all, wtf ??

Seems like they're just greezin some palms here & there, but not really enough to actually build new fabs or other facilities...

Wang Mee how.... maybe they should have invited Mr. "Wang Huang lo" for moar serious talks, hehehehe :)
Read next time. "Chip packaging plant" not a foundry.
Posted on Reply
#3
Flanker
I'm not really comfortable with some people being able to avoid covid quarantines
Posted on Reply
#4
TheLostSwede
News Editor
FlankerI'm not really comfortable with some people being able to avoid covid quarantines
Well, they are still being tested, which is at least something.
Very few people can get around the quarantine requirements in Taiwan.
Posted on Reply
#5
zlobby

They need to stop trippin mahn!
Posted on Reply
Apr 23rd, 2024 12:27 EDT change timezone

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