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Intel says may invest up to $5.5 billion in China memory chip plant

October 21, 2015 admin china, computex, core-computer, improve-ties, intel, intel-corp, investment, making-advanced, memory-chips, revenue-streams, said-it-may, taipei, taiwan, time-period

(Reuters) – Intel Corp said it may invest up to $5.5 billion in manufacturing semiconductors in China, stepping up efforts to improve ties with Beijing as it seeks new revenue streams while demand for its core computer processing chips falters. The U.S. firm said it would convert a facility in Dalian, its first plant in China, for memory chip production.