Intel chooses China for new chip plant

Washington chooses howls of protest

Intel has announced plans to build a $2.5bn wafer fabrication plant in China.

In what is seen by many as a politically significant shift in strategy towards high-tech exports, the move into the growing Chinese market looks set to ruffle some feathers in Washington.

The Financial Times reports that Congress is said to be concerned by China’s growing influence on the US economy.

Full article: The Register