Intel says it will spend $7B to expand its chip packaging facilities in Penang, Malaysia (Yantoultra Ngui/Bloomberg)

[Techmeme]

Yantoultra Ngui / Bloomberg:
Intel says it will spend $7B to expand its chip packaging facilities in Penang, Malaysia — - CEO is in Asia this week for talks with TSMC, partners — The investment marks a major outlay for the American firm — Intel Corp. is spending $7 billion to build a new chip packaging facility …