Intel to close five factories

The closures could affect some 6,000 employees, but Intel claims not all jobs will be lost.

Intel has said it will shut five "older" factories, affecting some 6,000 employees, in order to better "align its manufacturing capacity to current market conditions."

The chip maker will close two assembly test plants in Malaysia and one in the Philippines, as well as a 200mm wafer fabrication plant in Oregon and the D2 wafer production operations in California in the US. The closures will take place between now and 2009.

Intel stressed that its 45-nanometre and 32-nanometre capacity would not be affected by the closures.

While the factories employ between 5,000 and 6,000 workers, Intel said not all would lose their jobs and some would find roles at other facilities.

The news comes as Intel is rumoured to be cutting processor prices in half and a week after the firm posted a 90 per cent fall in quarterly profit.

Featured Resources

Become a digital service provider

How to transform your business from network core to edge

Download now

Optimal business results with the cloud

Evaluating the best approaches to hybrid cloud adoption

Download now

Virtualisation that enables choices, not compromises

Harness the virtualisation technology that's right for your hybrid infrastructure

Download now

Email security threat report 2020

Four key trends from spear fishing to credentials theft

Download now

Recommended

Intel buys data science startup Cnvrg.io
artificial intelligence (AI)

Intel buys data science startup Cnvrg.io

4 Nov 2020
Can Pat Gelsinger get Intel back on track?
chief executive officer (CEO)

Can Pat Gelsinger get Intel back on track?

13 Jan 2021
How to support your workforce
Sponsored

How to support your workforce

29 Oct 2020
Businesses need stability and performance
Sponsored

Businesses need stability and performance

23 Oct 2020

Most Popular

How to recover deleted emails in Gmail
email delivery

How to recover deleted emails in Gmail

6 Jan 2021
The fate of Parler exposes the reality of deregulated social media
Policy & legislation

The fate of Parler exposes the reality of deregulated social media

14 Jan 2021
Should IT departments to call time on WhatsApp?
communications

Should IT departments to call time on WhatsApp?

15 Jan 2021