Intel Celebrates 20 Years In China
Intel celebrated its 20th anniversary in China today with hundreds of Chinese government officials, customers and industry partners. Further reinforcing the company’s 20 years of strong commitment to China’s development, Intel also announced new investments to help inspire and stimulate Chinese innovation, advance education and support the community.
Intel has already grown to a workforce of 5,000 employees in China, and has in total invested more than $1.3 billion in extensive R&D facilities, microprocessor assembly and testing factories, the Intel Innovation in Education program, and investments in innovative local companies. In this way, Intel has helped boost the IT evolution in China and build a sustainable industry ecosystem for the digital era.
Speaking at the celebrations, Paul Otellini, Intel president and CEO, said the company would build on its history in China by establishing a US$200 million Intel Capital China Technology Fund to help drive Chinese innovation. The company will also double its efforts to educate teachers and students on using technology to enhance teaching and learning, and expand its extensive community programs including support of the Special Olympics.
“China’s focus on encouraging science and technology development and the adoption of leading-edge technologies has allowed its IT industry to evolve,” Otellini said. “We applaud China’s successful efforts to advance its IT industry and global competitiveness, and create a wealth of knowledge and talent that will drive many of the world’s future innovations.”
|
TechWhack on Facebook
|
