Costa Rica Intel picks up production form 2 Asian plant closings

Costa Rica’s Intel plant will begin to make part of the products manufactured at three plants in Asia that were closed by the crisis in early 2009.
The product line is to be moved are  microprocessors for servers, central processing units for desktop machines (CPU) and chipsets, which are the “nervous system” of computers.

Management of Intel Costa Rica, said that the transfer of each product will be made gradually. “Each product has its own timetable for development. We can not leave a gap in production to deliver to our customers. In some cases, we must have a backing to support the start of production here in Costa Rica.
Lower demand for computer chips, forced  Intel  to close two assembly and proof plants in the Philippines and Malaysia.  They also merged one in China. Intel claims that despite the lower sales, the business of micro tends to stabilize.

This was stated after participating with John Davies, Intel vice president of sales, in an activity about technology development in times of recession organized by the Central America  Academy.

They are seeing improvements, but not return to the same levels as before the recession and  even predicted a rebound in exports from here in the second half.
Sales of products manufactured in the country that includes parts of Intel dropped 18% in the first quarter over the same period of 2008.

Article by godio

Gustavo Odio is a fully experienced and qualified Real Estate professional with many years of business background. He is native Costa Rican. His family is very prominent in the Construction industry which also affords him a very good insight into today's markets and what is selling. Read 5 articles by godio

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