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

To: Dan3 who wrote (162230)	3/15/2002 8:30:35 AM
From: Road Walker	Respond to of 186894

Intel India Software Development Unit Set to Grow Fri Mar 15, 8:16 AM ET NEW DELHI (Reuters) - The Indian unit of Intel Corp , the world's largest computer chipmaker, said on Friday its software development center had doubled in size in 2001 to 800 engineers and it expected further growth this year. "Intel is doing a broad range of things in India...we have 800 engineers and we will be more than 1,000 engineers by the end of this year," Manni Kantipudi, director of the Intel India Development Centre, told a news conference. Intel Technology India Pvt Ltd, a wholly owned unit of the U.S. chip maker, began operations in 1999 and is Intel's largest non-manufacturing site outside the United States as well as the fastest growing. It develops software that helps power the chips that drive personal computers and high-end servers, for Internet-based applications and for network protocols and devices. Kantipudi said Intel had invested $25 million in a new building to house its software development center, now scattered at different locations in the Indian city of Bangalore, which it expects to commission by the middle of the year. Several global technology giants including Microsoft Corp , IBM , Oracle and Bell Labs have set up software development centers in India to take advantage of its large pool of low-cost and high quality engineering graduates. Kantipudi said the India center had developed several high-end software applications in the last three years but there was still potential to do a lot more. He said the company could explore the possibility of shifting some of Intel's software development for hand-held wireless devices that was currently being carried out in China. The India Development Centre would also push to locate one of the high-end Intel Labs, that research future technologies, to India in the next 15 months. "I hope that in the next 15 months we can get something to India but there is no guarantee...networking (technologies) is a strength so we could probably do something there," Kantipudi said. ($1 = 48.7 Indian rupees)