Intel’s contributions to HCM City development hailed - Intel’s contributions to HCM City development hailed - Website Ho Chi Minh City
Secretary of the Ho Chi Minh City Party Committee Le Thanh Hai has said that Intel Products Vietnam Co. Ltd’s effective investment has greatly contributed to the city’s socio-economic development, especially in training high-quality human resources.
Meeting with Intel Products Vietnam General Manager Sherry Boger on July 29 on the occasion of the debut of the company’s first central processing unit (CPU) product in Vietnam, Hai spoke highly of Intel’s efforts to overcome initial difficulties to realise cooperation commitments between the two sides.
He proposed that Intel raise its investment in the Saigon Hi-tech Park, focusing on the field of research and development.
For her part, Sherry Boger thanked the municipal authorities for creating favourable conditions for the company to turn out hi-tech products in Vietnam.
In the next six months, Intel plans to have over 80 percent of its CPUs made in Vietnam provided for the world market, she stated.
Earlier on the day, Intel Products Vietnam Co. Ltd, an affiliate of the US-based Intel Corporation, launched its first central processing unit (CPU) product manufactured at the Saigon Hi-tech Park.
The company had invested more than 450 million USD in this product, which uses the most sophisticated technology.