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BEIJING, March. 1 -- Intel plans to double its
research employees in Shanghai to 2,000 over "the next several years," Intel
China President Tan Wee Theng said yesterday during the opening ceremony for a
new research center in Minhang District.
The world's biggest chip company also said yesterday
it plans to build a US$300 million chip assembly and testing factory in southern
Vietnam, following similar investments in Shanghai and Chengdu, Sichuan
Province.
"We will invest greatly in research in China to meet
requirements in the country and around the globe. For China, we're researching
products for Net cafes and backbone networks for communications," said William
Siu, vice president and general manager of Intel's channel platform group.
Intel's local research center is in the Zizhu
High-tech Park in the city's southwest.
Tan said the expansion of research capability
represents "a great leap" as Intel China employed only 50 research engineers six
years ago.
Intel's investment in China has now surpassed US$1.3
billion.
Seven divisions are under the new center, including
the China Platforms Group, Digital Health Group and Digital Home Group.
"China and India have become prime locations for
investment by multinational organizations because of their skilled labor and low
wage costs," said Mark Sullivan, partner at Mercer, a US-based human resource
firm.
(Source: Shanghai Daily) |