Intel to Expand Russian Labs
Intel CEO Craig Barrett said the company's software development lab in Nizhny Novgorod now employs 350 people, and this number is set to triple over the next three years.
Oct 03, 2002
MOSCOW. October 2. U.S. chip and network equipment maker Intel plans to soon significantly increase the number of engineers working at its Russian labs.
Intel CEO Craig Barrett said the company's software development lab in Nizhny Novgorod now employs 350 people, and this number is set to triple over the next three years.
The company will also continue to expand its education programs in Russia, and open labs in other cities, Barrett said at the opening of the Intel Developer Forum, which is being held in Russia for the first time. Soon Intel will open several labs in Moscow and St. Petersburg that will be involved in development of communications technology, he said.
Investment in information technology in Russia will total USD 4.2 billion by 2005, according to some estimates, Barrett said. This figure should be increased so that Russia can become competitive. This is just the money that Intel spends annually on its own research and development, he said.
Intel is optimistic about its business in Russia, Barrett said. The country has huge education potential that is fostering the development and creation of communications technology and high-tech products, which in turn will further economic growth, he said.
Intel CEO Craig Barrett said the company's software development lab in Nizhny Novgorod now employs 350 people, and this number is set to triple over the next three years.
The company will also continue to expand its education programs in Russia, and open labs in other cities, Barrett said at the opening of the Intel Developer Forum, which is being held in Russia for the first time. Soon Intel will open several labs in Moscow and St. Petersburg that will be involved in development of communications technology, he said.
Investment in information technology in Russia will total USD 4.2 billion by 2005, according to some estimates, Barrett said. This figure should be increased so that Russia can become competitive. This is just the money that Intel spends annually on its own research and development, he said.
Intel is optimistic about its business in Russia, Barrett said. The country has huge education potential that is fostering the development and creation of communications technology and high-tech products, which in turn will further economic growth, he said.