Intel established a new research and development subsidiary in Shanghai to expand its R&D (research and development) presence in Asia and take advantage of the growing pool of technical talent in the world's most populous nation, the company said Thursday.
The world's largest chip maker opened its Asia-Pacific Research and Development (Asia-Pacific R&D) in Shanghai's Zizhu Science Park, a center for the development of advanced computing and communication technologies.
China has one of the world's most compelling combinations of R&D talent and market potential, Intel said. The growing number of researchers is creating the kind of dynamic environment that creates an impetus for great R&D, the chip maker added.
Asia-Pacific R&D will focus on product development and innovations in Intel's main groups, including the Digital Home Group, Digital Enterprise, Digital Health Group and Software and Solutions Group, Intel said.
The new R&D company will employ more than 1,000 people by the end of 2006 and has facilities to accommodate double that number, Intel said.
The company declined to say how much it invested in Asia-Pacific R&D.
Intel has invested nearly US$1.3 billion in China over the past two decades and has a workforce of over 5,000 people there, the company said. Its first R&D lab in China was a software center opened in 1994.