INTEL FEELS OPTIMISTIC ON CHINA MARKET
AsiaInfo Services, May, 2002
AsiaInfo Services 05-16-2002 Intel Feels Optimistic on China Market CHINA, May 16, 2002 (AsiaPort via COMTEX) -- AsiaPort- - Intel Chief Executive Officer Craig Barrett will visit China early this month and make a "very important" announcement in Shanghai, sources close to the company said. The announcement will enhance Intel's interests in China, its second largest market after the United States, the sources said. The chip giant last year increased its investment in its Shanghai factory to a total of US$500 million. Barrett said the firm's investments in China were "investments in the future." He added: "Whether they are marketing, manufacturing, engineering or venture-capital investments, they are all investments in the future and where the markets are going to...
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