by Anton Shilov
09/02/2002 | 03:50 AM
Although the current situation is far from being favourable to expanding manufacturing and R&D facilities, Intel plans to continue investing in its future, as we reported back on Thursday (see this news-story). Now we have some additional details regarding the matter.
The company has chosen China and Russia as the most important countries to expand Intel’s presence during the coming years. The semiconductor maker said they are planning to further broaden their manufacturing plant in China, employing 3000 people by the year 2004 as well as start using engineering capabilities of the country. Intel has already invested about half a billion in China during the last five years and will certainly continue to invest further. The microprocessor giant is going to triple the number of software programmers in India given that the specialists from that country are available at sharply lower wages compared to its US and Western Europe based colleagues. Intel wants to invest $100 to $200 million in India during the next few years. The company’s CEO has not provided any information regarding operations in Russia, but it seems that Intel only plans to maintain its research and development laboratories here. <%BANNER[article]%>
Of course, the world largest semiconductor maker will not abandon any of its current R&D or manufacturing facilities and will further invest in their Ireland, Israel and USA based centres.