Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Engel who wrote (113374)	10/13/2000 1:12:40 AM
From: puborectalis	Read Replies (1) \| Respond to of 186894

ntel to Increase Investment in China October 13, 2000 (BEIJING) -- Craig Barrett, CEO of Intel Corp., said that his company plans to increase investment in China. During a telephone interview, Barrett said, "China, with numerous attractions, is increasingly important to Intel from an internal engineering and manufacturing standpoint." Although it will be his sixth time visiting China, Barrett said he still holds a strong interest in the country, adding China is not only a producer of components and a consumer of communication's computing technology, but it is always an exciting place to visit. He predicted China would surpass Japan as the second-largest computer consumer in the world. When he comes to China on a four-day visit, he will talk to Intel employees and some consumers, give presentations and meet with some government officials. As globalization continues, Intel will become more international in scope and try to build on the 60 percent of the consumer market the company already has outside United States, thus getting an upper hand on the fierce competition, said Barrett. He added Intel is committed to helping China create a better environment for education, involving scholarships and setting up research centers.