July 24, 2021, 14:04

    Intel raises to $600 mln planned Costa Rica chip plant investment

    Intel raises to $600 mln planned Costa Rica chip plant investment

    SAN JOSE, July 21 (Reuters) – Intel Costa Rica said on Wednesday that it almost doubled a proposed investment in a micro chip plant in the Central American country to $600 million, and aims to triple the number of new jobs created over the coming months.

    High demand for chips led the United States-based technology giant (INTC.O) to increase the investment from the $350 million initially announced in December, it said in a statement.

    Reporting by Alvaro Murillo in San Jose
    Writing by Stefanie Eschenbacher; Editing by Frank Jack Daniel

    Sourse: reuters.com

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