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Costa Rica Suffers as Intel Pulls Out… and heads to China?


Microprocessors are Costa Rica’s primary export according to their Foreign Trade Ministry. The country was building a name for itself as a tech center in Central America. Intel just put a damper on those plans. The influential company is closing their microchip assembly and testing operations leaving 1,500 locals unemployed. Intel previously touted their contributions to their Central American host country. They indicated that the company participated in social responsibility projects in the community, focusing on education and the environment. Earlier, Intel proudly proclaimed: “While Costa Rica has historically been known for exporting coffee beans and bananas, thanks to Intel’s investment there, those traditional exports