Barrett carrying $1 billion trip to China in India slightly low-key

Intel chairman Barrett at the beginning of this week last year in Asia, visiting national IT industry affects the nerves.

The visit of Barrett on Christmas Eve this year pocket placed what gift does not Intel can make nothing of it, reveal too much, in addition to announce its basic itinerary, and no mention of the investment plan and commercial activities. Added to the mystery of Barrett's visit to china.

Heavily invested in India

Prior to this, Barrett arrived in India in December 5th, began a three day trip to Asia, had previously predicted that the United States will bring $500 million investment in India.

According to local media reports in India, Intel and Xenitis India will sign a memorandum of understanding to develop low-cost computer programs, Xenitis revealed that Intel will invest $250 million for the program. With the estimated $500 million in investment, the other half will be used in research laboratories and marketing departments in India.

Barrett announced the same day the investment plan in India, shocked the industry in India. Barrett said, in order to consolidate the basis for the past 10 years operating in India to build, and the performance of Intel's commitment in the next 5 years to invest $about 1000000000 to expand the company in India and local technology company business scale.

Intel will invest $800 million to expand its R & D center in the southern city of Bangalore, India. Intel will invest $250 million in a venture capital fund that will invest in India's software and Hard Suits Inc. This plan is more than the total amount of Intel's investment in India over the past ten years.

Mysterious China

After hitting $1 billion in India, Barrett, 6, an official visit to china. He will be unveiled in chip packaging plant in Chengdu formal operations, and Intel will participate in the volunteer education project launch ceremony, then went to the Sichuan University on "education and innovation" is a hot topic and Sichuan to more than two thousand teachers and students face to face communication.

Intel new packaging plant in Chengdu in 2003, when Barrett's visit to China, in 2004, and participated in the groundbreaking ceremony in, the total investment of the plant was $450 million, recently unveiled its first phase of the project.

After the end of the trip in Chengdu, Barrett will arrive in Beijing to participate in the first celebration of a Intel education project, and then participate in the CCTV economic channel dialogue program.

Two years ago, Barrett's trip to China has brought a huge investment plan, in 2003 the establishment of the Chengdu chip packaging plant project, in 2004 reached a software research program with Neusoft Corp. The 2005 of the line it is also costly "".