Intel to close plants, up to 6,000 workers affected

Logo IntelIntel said on Wednesday it will close chip plants to align its manufacturing capacity to current market conditions. Between 5,000 and 6,000 employees will be affected.

The world's largest chipmaker will halt production at five "older" factories.

The company plans to close two existing assembly test facilities in Penang, Malaysia, and one in Cavite, Philippines, and will halt production at Fab 20, an older 200mm wafer fabrication facility in Hillsboro, Ore., Intel said. Additionally, wafer production operations will end at the D2 facility in Santa Clara, Calif., the company said.

"The actions at the four sites, when combined with associated support functions, are expected to affect between 5,000 and 6,000 employees worldwide," Intel said in a statement. "Not all employees will leave Intel; some may be offered positions at other facilities. The actions will take place between now and the end of 2009."

Intel said it will consolidate and streamline some older capacity without impacting the deployment of new, leading-edge 45-nanometer and 32-nanometer manufacturing capacity.

Intel spokesperson Chuck Mulloy, in a phone interview, said this move is connected to what the company said in its earnings conference call last week when chief financial officer Stacy Smith said that Intel would aggressively reduce factory utilization levels in order to avoid oversupply.

"During the normal course of events it's a long-term planning process to take the older capacity offline. And all of these factories are on a roadmap to be rolled out of the network at some point. But the financial decline that we're facing today accelerated that process," he said.

Source: CNET

Tags: Intel

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
You can use a security key instead of having a code sent to your phone
 
Adobe says that the AI can now achieve the intended result in seconds
 
A new security protocol replacing the aging WPA2
 
Download and install at your own risk, of course
 
More iPhone parts likely to be produced by Samsung
 
Starting on Friday, video views on YouTube will start to be counted by the Official Charts Company
 
LG has already announced two new V-series members in 2018
 
The method is blocked and the hack doesn’t work, it adds
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
 123456
78910111213
14151617181920
21222324252627
28293031   




Poll

Do you use microSD card with your phone?
or leave your own version in comments (11)