News Report #3

The computer powerhouse company Intel is planning an extremely expensive expansion plan. It is estimated to cost seven billion dollars over the next few years. The company plans to construct advanced factories throughout the United States. The plan is to produce faster and smaller chips that are “greener” for the world. President Obama has condoned this plan as a good one, claiming the company is investing in the betterment of America. The expansion plan will provide about seven thousand jobs for people that are highly skilled computer technicians, compiling more than forty five thousand jobs that Intel provides in the United States. According to the president of the Intel company, Paul Otellini, the chips will be used mainly in desktop and mobile mainstream systems. The chips will be named “Westmere” and they will increase the computer’s performance and simplify the system manufacturing compared to the current systems that are being used today. They will also be produced efficiently, adding to the world’s movement towards “green” production. Although I think that major companies like Intel produce new computer software frequently to keep consumers buying the “latest and fastest” technology, this seems like an interesting project. Not only will the company provide an ample amount of job openings, which is crucial in the current recession that the United States is experiencing, but the company is trying to produce the product efficiently. When other major companies that look towards Intel see that the company is going “green” they are likely to follow. It will also be interesting to see how much improvement the chip actually does for the everyday computer user.

Intel Plans To Invest $7 Billion In US Facilities-http://www.efytimes.com/efytimes/32264/news.htm