Intel closing older plants

Firing Squad writes: "Intel's cost-cutting measures have officially begun. Today the company announced plans to close three plants located overseas, and will halt production at their Fab 20 200mm wafer fabrication facility located in Hillsboro, Oregon. Finally Intel plans to halt wafer production at their D2 facility in Santa Clara, CA. Intel says the move was made in order to "consolidate and streamline some older capacity without impacting the deployment of new, leading-edge 45-nanometer and 32-nanometer manufacturing capacity"."

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