It's not a matter of right or wrong, it's simply an incomplete picture. Intel has a mobo manufacturing plant in Malaysia. They used to have a mobo tech development center in Oregon, but I don't know if it exists anymore. Additionally, you need to add Foxconn to your list of FEM's. I believe the majority of Intel mobo's are built by Foxconn. Especially the mobo's that Dell uses in their systems.
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