Intel Readies a Billion Dollar to Invest in India
Global chip maker Intel will invest more than USD one billion in India over the next three years as it seeks to prepare light-weight personal computers in partnership with Indian and foreign hardware firms.Intel is said to be collaborating with foreign and Indian computer hardware brands like Asus Technologies, HCL, Wipro and Zenith for the development of lightweight and easy-to-use Internet platforms.”We have committed to spend over a billion dollars spread over next three years plus. We are focusing on a number of new initiatives for enabling easy availability of personal computers (PCs) and broadband Internet in India,” Intel Technology India Director- marketing and operations John A McClure said.Intel is also working on different designs for specific market segments. It is also preparing to introduce Wimax technology in India, the fastest wireless BB technology available at lower cost than optical fibres.
