Intel says committed to Chinese investments

The world's largest chip maker Intel Corp will continue to invest in China as it expects the country to be the first nation to come out of the global economic slowdown.

"We are going ahead with our Dalian investments and we are not backing away," said Sean Maloney, Intel's executive vice-president. He said the Chinese government's economic stimulus is expected to unleash massive infrastructure construction projects in the coming years, which will open up huge opportunities for the company.

Ian Yang, chief executive of Intel China, said chip demand in the mainland during the first four months of this year have outpaced most other countries, which may be the sign of a market recovery.