Intel Goes to China

The federal government has given permission to Intel Corp. to build a $2.5 billion chip-manufacturing facility in China, the company's first large facility in Asia, the New York Times reports.

“Intel’s facility, which is scheduled to open in 2010, probably will not give away any big secrets,” the Times states. The facility “will produce only so-called chip sets, or chips that work to support microprocessors. Intel officials say they will not produce the company’s core technology here, the powerful microprocessing chips.”

The federal government regulates the export of advanced technology through the International Traffic in Arms Regulations.