Intel Corporation, based in Santa Clara, California, U.S., made two new facility announcements today. First, it established Asia-Pacific Research and Development Ltd., with facilities in the Shanghai, China, Zizhu Science Park. It also said it will invest U.S. $345 million in two of its existing U.S. manufacturing sites. The investments will be used to increase capacity of two wafer fabrications facilities (fabs) - Fab 17 in Hudson, Massachusetts and Fab 23 in Colorado Springs, Colorado.
Intel said the Chinese R&D center is a part of its ongoing effort to embrace the growing pool of technical talent in China and to deliver time-to-market, customized platforms and solutions for Asia Pacific and global markets.
"China has one of the world's most compelling combinations of R&D talents and market potential," said Intel China President Wee Theng Tan. "As a leading technology market with a growing number of highly trained researchers and technologists, China is creating the kind of dynamic environment that is an impetus to great R&D. Intel is committed to working with the local industry to help bring Chinese innovation into the world."
Asia-Pacific R&D Ltd. will focus on product development and platform-level innovations from all Intel product & technology groups, including the Digital Home Group, Digital Enterprise Group, Mobility Group, Channel Platforms Group, Digital Health Group, Software and Solutions Group, and Information Services & Technology Group.
"China is evolving from a manufacturing-based economy to a broader, diverse economy and includes innovation through world-class education, and research and development efforts," said Boon Lock Yeo, general manager of Intel Asia-Pacific R&D Ltd. "Asia-Pacific R&D Ltd. is a full-scale facility with advanced product development to deliver innovative products designed for China and the world. We have recruited, and will continue to attract top local and global talents and will continue the collaborative efforts with universities and the government to support R&D programs and cultivate future technology talents in China."
If growth continues as Intel expects it will in the region, the company plans for Asia-Pacific R&D Ltd. to have more than 1,000 employees by the end of 2006. The facilities at Shanghai's Zizhu Science Park can accommodate up to 2,000 employees.
to Daily News