Viewing posts tagged offshoring

Intel offshores research and design operations

India reports that Intel is to make India its global hub for innovation. Intel plans to invest US$1 billion to expand its research and development operations in the country as part of its “World Ahead Initiative.” According to Intel CEO Paul Otellini:

‘Over the next five years, the initiative aims at helping accelerate the global spread of technology access, broadband connectivity and education in developing and developed countries,’ the official said.

With India becoming one of its key emerging markets, Intel plans to make its development centre, including the research and development facility here.

Link to the full story.