ARTICLE: "Intel Aims to Build Bigger Profile in China: Chip Plant Is Designed To Court Local Clients, Government Officials," by Don Clark, Wall Street Journal, 26 March 2007, p. B6.

The reverse domino in action: Vietnam needed that $1B chip plant to keep up with the Joneses to the north who are getting a $2.5 B chip plant.

So Intel sinks $3.5B into East Asia--just like that!

This is big step for Intel. Past plants in China was just for packaging and testing. This is a pure build play.