The investment highlights the importance of China, as well as the Asia-Pacific region, which account for roughly 40% of Intel's global sales. CEO Craig Barrett is in Asia this week, touring Taiwan, Malaysia, China, and Korea, and has left a trail of investment in each country.
On Monday, Intel said it would open a high-level system design center in Taiwan, which will focus on communications products, an area where Intel is trying to establish dominance. On Tuesday, in Malaysia, Barrett said Intel would invest $40 million in a design center in Penang that will employ 1,000 people. The chipmaker also will invest another $100 million in other Malaysia-based R&D.
Barrett is also expected to make an official announcement regarding the Chengdu, China, facility, which would be Intel's second packaging facility in China; its first is a $500 million facility in Shanghai.