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COSTA RICA |
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Intel Costa Rica Sees Q3 Exports Increase
18%
US chip manufacturer Intel saw third quarter
exports from its Costa Rica facility
increase 18% year-over-year, reaching US$595
million. Intel corporate relations manager
Karla Blanco said main product destinations
include Asia, the US and Europe, all of
which have recovered faster than expected
from the global economic slowdown.
"There is a very positive trend in the
mobile product area [laptops and mobile
phones], where the Atom processor plays an
important role," she said.
Intel's Costa Rica plant has had to increase
production due to the closing of three
company factories in Asia, the executive
added.
Intel saw second quarter exports from its
Costa Rica plant increase 7.6% to US$449mn,
according to previous reports. The company
expects year-long exports from Costa Rica to
reach US$1.9bn, up 5.5% from the US$1.8bn
exported in 2008.
Globally, the company reported a third
quarter net loss of US$128mn, compared to
the US$134mn loss recorded in 3Q08. Global
revenues were US$1.40bn, down 22.3%
year-over-year.
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