The importance of IPV to Intel Intel invested another $475 million in IPV - the single assembly and test plant with the largest cleanroom facility within Intel Assembly and Test (ATM) network based in SHTP . This is a new investment besides the $1-billion investment of Intel to build the most modern chip assembly and test plant at SHTP, first announced in 2006. Thus, the total investment of Intel at SHTP is now nearly $1.5 billion. With this additional investment, IPV will increase the production of Intel's 5G products, Intel Core processors with Intel Hybrid technology, and the 10th generation Intel Core processors. In November 2006, Intel announced a $1 billion investment to build a 47,000-square-meter cleanroom facility in SHTP. It is a project with strategic importance, associated with the establishment and development of SHTP in particular, and high technology in HCMC in general. It is also the largest US high-tech investment project in Vietnam. Up to now, IPV is the largest manufacturing, assembly, and testing facility in the Intel Assembly and Testing network and one of the nine manufacturing facilities that Intel has globally. Since its operation in October 2010, IPV has created more than 5,000 jobs for high-skilled domestic workers in many fields. “In March 2020, IPV held a celebration marking the two-billionth product produced at IPV based in SHTP. We are very proud of this important milestone, which proves the importance of IPV along with Intel in meeting the needs of customers around the world. This is also the reason why we continue to invest in our facility and team in Vietnam,” said Kim Huat Ooi, Intel Corporation Manufacturing and Operations-Vice President cum Intel Products Vietnam-General Manager. Contributing to the development of local technology ecosystems The IPV plant is an important part of the production chain of Intel worldwide. Along with Intel's transformation from a CPU to a multi-architecture XPU company, IPV will …
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