Costa Rica's Intel Exodus and the Fight to Save Its Silicon Dreams

Costa Rica's Intel Exodus and the Fight to Save Its Silicon Dreams

When Intel announced it would ship its Costa Rica plant overseas, the news struck like a voltage surge—jolting a country that had banked its future on microchips, free zones, and the quiet pride of being Latin America's unlikely tech star. The post Costa Rica’s Intel Exodus and the Fight to Save Its Silicon Dreams appeared first on LatinAmerican Post.

Intel announces departure from Costa Rica

Q COSTARICA — Intel announced last week the closure of its microprocessor assembly and testing plant in Costa Rica to relocate operations to Asia in pursuit of “greater efficiency” and competitiveness. “After a thorough review of our business, today we are announcing changes that will drive greater efficiency and utilization within our global manufacturing network. This includes the phasing out and closure of Intel’s Assembly and Test Plant (ATM…