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Wednesday 20 2009, San Josť, Costa Rica  Home Contact Us Subscribe To Our Newsletter
Costa Rica Confirms 11 More Cases of Swine Flu: Total Now 20
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Intel Moves Asia Production To Costa Rica Plant
Body Of Missing Grad Recovered In Costa Rica
Website Sheds Light On Study Abroad Scams
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Intel Moves Asia Production To Costa Rica Plant

The Intel plant in Costa Rica will begin in September production of computer chips that were being manufactured in three plants in Asia closed down due to the world economic crisis.

The chips to be manufactured in Costa Rica include processor chips for servers, CPU units for personal computers and "chipsets", a group of integrated circuits that are designed to work together, forming part of a computer's 'nervous' system.

Michael Forrest, general manager for Intel Costa Rica, confirmed the transfer of production that will be introduced gradually into the current production.

Low demand forced the chip manufacturer to shut down a number of assembly plants located in Malasya, the Philippines and China.

In total, Intel has slashed its work force by 6.000, as sales dropped 23% in a year and profits 90% during the last quarter of 2008. "

The company also saw a sharp drop in revenue and profit for the first quarter of 2009, but the company's CEO said the PC industry is showing signs of recovery.

Intel is seen as a key indicator of the health of the overall PC industry, and to a lesser degree the mobile phone industry, since its products are a key component for most computer manufacturers.

At the beginning of the year Intel announced that the Costa Rican 10 year old plant would be spared from the cuts.

Intel employs 3.200 with higher that average salaries at its plant in Belen and is responsible for 20% of Costa Rica's exports.



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