Intel to invest USD 350 mln in Costa Rica chip production

News IT Costa Rica 14 DEC 2020
Intel to invest USD 350 mln in Costa Rica chip production

Intel has announced plans to invest a total of USD 350 million over the next 3 years to start microprocessor assembly and test operations in Costa Rica, a key part of chip production. The investment is expected to create over 200 new jobs in the upcoming months, with operations due to start in the second half of 2021, said the company, adding that Costa Rica is the first Latin American country site to perform such processes.

With the start of operations, Intel Costa Rica will be joining Intel’s existing plants in Kulim (Malaysia), Chengdu (China) and Ho Chi Minh City (Vietnam), which are the only Intel sites to perform global assembly and test operations. The processes will be carried out at the Intel Costa Rica campus in San Antonio de Belen, which already employs over 2,100 people.

Intel said the new jobs will be created in engineering areas and there will also be opportunities for technicians in fields including electronics and electro-mechanics, among others.

Categories:

IT

Companies:

Intel

Countries:

Costa Rica

Tags:

Production planning & operations, Semiconductors, Launch, Wireless, Wholesale

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