http://news.bbc.co.uk/1/hi/business/7844232.stm
Aww, i've been to the factory in Santa MonicaBBC wrote:
Chipmaker Intel is closing five plants in the US and Asia, with the loss of between 5,000 and 6,000 jobs, as it responds to falling computer sales.
The facilities to close are its factory in Santa Monica, California - its last in Silicon Valley - and sister sites in Oregon, Malaysia and the Philippines.
Intel said the two US factories were based on older microchip technology.
The announcement comes a week after Intel reported a 90% fall in profits for the last three months of 2008.
Intel's profit for the quarter totalled $234m (£160m), down from $2.3bn a year earlier.
Small hourglass island
Always raining and foggy
Use an umbrella
Always raining and foggy
Use an umbrella