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Intel Expands China Presence With New R&D Group
The company has created a unit in Shanghai’s Zizhu Science Park to tap into the growing pool of talented Chinese people to perform R&D, Intel said.
September 15, 2005
1 Min Read
LONDON — Intel Corp. has created a company in Shanghai’s Zizhu Science Park as a part of efforts to use the growing pool of talented Chinese people to perform R&D, the company said.
The company, Asia-Pacific Research and Development Ltd., is an expansion of Intel R&D activities in Shanghai that recognizes the city’s growing importance and China’s leading role in the development and adoption of computing and communication technologies, Intel said.
Asia-Pacific R&D Ltd. is chartered to focus on product development and platform-level innovations from all Intel product technology groups.
“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 Asia-Pacific R&D Ltd., in a statement "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 government to support R&D programs and cultivate future technology talents in China.”
Intel is planning for Asia-Pacific R&D Ltd. to employ 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.
Intel has invested nearly $1.3 billion China and employs 5,000 people in China, after establishing a software laboratory in China in 1994, the company said.
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