Huge Intel plant soon to be switched on -

Intel has confirmed that its huge chip factory in China's coastal city Dalian will go on stream by the fourth quarter of this year.

The mega plant in Dalian was Intel's first chip plant in Asia and was being quietly built during the global downturn.

Kirby Jefferson, the general manager of the plant said the plant will open in the 44th week of 2010.

It has cost more than $2.5 billion to build and will employ more than 1,500 people, 60 percent of whom would be locals.

It has taken nearly three years to build and is Intel's first chipset factory in Asia. Intel has eight such factories worldwide.

It means that the outfit will be really churning out chipsets in huge numbers next year. Some have speculated that the aim is to try and push costs down to compete with AMD on price. AMD has so far managed to keep its prices below Intel.