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Motorola to Build Chip Base in Southwest China
2002-05-28
People's Daily
Motorola will invest 375 million U.S. dollars to build an advanced chip production base in southwest China's Sichuan Province.
Lu Haifan, general manager of the joint chip producer Leshan-Phoenix, said the project will start on August 8, when Motorola's chip product line in Malaysia will be moved to Leshan.
Lu said the joint venture so far has a total input of 250 million U.S. dollars.
Motorola entered China in 1987, and is the biggest foreign investor in China in the field of electronics, with a total investment of 278 million U.S. dollars.
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