Intel 500 million at India and AMD heavily in the new competition

Sina Technology News Beijing on December 4th news, according to foreign media reports, a senior official of Intel's recent visit to India, is likely to be announced the company's investment plan in India. It is said that the company will invest $500 million in the relevant departments in India.

Media reports said the investment plan will be announced by the chairman of the board of directors of Intel Clegg - (Craig Barrett) announced. Barrett will visit India, Asia's third biggest economy next week, and announce the plan during the visit. Media said that about half of these investments will flow to Intel's research laboratories and sales offices in India, the other half of the funds will be used for the development of personal computers. A Intel spokesman declined to comment on the matter.

Currently, Intel has a R & D center in India, Bangalore, the main task is to design and develop software to promote the development of the chip industry, thereby promoting the development of computers and high-end networks. Intel's rival AMD also secretly entered the India market, AMD has reached an agreement with SemIndia, to provide relevant technology the company plans to invest $3 billion in India to establish the chip production plant.