Intel to shut down last Silicon Valley 'fab' this year

[Mugu]

By Mark Boslet, San Jose Mercury News

ntel, a pillar of Silicon Valley's high-tech revolution and 40-year pioneer of the semiconductor business, is closing its last local chip plant later this year.

The plant closing reflects how the changing dynamics of the industry continue to push the development and production of semiconductors to other parts of the world.

The world's largest computer-chip maker, with a global workforce of 86,000, told employees about a week ago that fabrication plant "D2" would cease its operations in the third quarter of the year. About 500 jobs will be affected, with employees either leaving the company or looking for positions in other Intel facilities.

The plant, located next to the company's Santa Clara headquarters, is the last of the large Silicon Valley "fabs" with more than 100,000 square feet of clean-room space. Clean rooms are environmentally controlled, dust-filtered facilities where semiconductors are produced free of the contamination that can occur when tiny particles settle on their circuits.


Complete article at:
http://www.semiconductor.net/articleXML/LN731621963.html?nid=3572

[OhioChick]

1. Nice........

More jobs going overseas on the cheap.

[fasttense]

2. How to put lipstick on a pig.

"The plant closing reflects how the changing dynamics of the industry continue to push the development and production of semiconductors to other parts of the world."

Why don't they bother to tell the truth instead of this mumble jumble? The plant closing reflects blah, blah, blah other parts of the world. The plant closing reflects the greed, stupidity, narrow minded and selfish concerns of the corporation's CEOs. It reflects a short sightedness that encourages lackadaisical corporations to find the cheapest labor not matter the resulting defects with no consideration for the worldwide market they are destroying - Middle Class America.

Who do they think will buy their crap when the largest market in the world can no longer buy it cause they have no jobs? Sure China, India and other countries are growing by leaps and bounds, but they are tiny ant markets compared to the elephant size US markets.

These ignorant, greedy CEOs and bush politicians have managed to force the largest consumer market in the history of the world to it's knees in eight short years. What else can they destroy?