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Vietnamese use Samsung computers with Intel programmes. Intel plans to open an assembly and testing facility in Viet Nam by the end of this year. — VNA/VNS Photo MInh Tu |
Intel Corp began construction of the facility in 2007, and the plant is expected to provide jobs for 4,000 people when operational.
Intel's investment in Viet Nam was aimed at tapping growth opportunities in emerging Asian markets, said Shenoy, noting that Viet Nam's young population and low PC penetration rate made it a particularly attractive market.
Intel already operates assembly and test sites in Malaysia, the Philippines and China.
"We expect Asia's PC market to continue to grow by more than 20 per cent annually in the next few years," he said, noting that, while market sentiment was weak in US and European consumer markets, Asian consumers and enterprises continued to buy PCs.
Intel reported more than $11 billion in quarterly revenue in the third quarter, with $6.4 billion, or 58 per cent, coming from the Asia-Pacific region, compared to $5.3 billion a year earlier. — VNS
