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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Fred Levine who wrote (2782)	8/30/2002 3:15:44 PM
From: Fred Levine	Read Replies (1) \| Respond to of 25522

ntel to increase investments in China, Russia By K.C. Krishnadas EE Times (08/30/02 11:13 a.m. EST) BANGALORE, India — Intel Corp. executives indicated here on Friday (Aug. 30) that the company would make significant new investments in China and Russia. Intel chief executive officer Craig Barrett said that while Intel would continue to expand its development and manufacturing operations in Ireland, Israel and India, "China and Russia will get the highest percentage of visibility at Intel over the next few years." But new investments in these countries would not be at the cost of Intel's existing operations in the United States, Malaysia and other locations, he added. Intel's manufacturing and engineering operations in China and the company's engineering base in Russia would be expanded under the plan. Barrett declined to comment on specific investment figures for India but said investments would be weighed against economic and market conditions. India's minister for information technology said Thursday (Aug. 29) that Intel would invest $130 million in India, but Barrett would not confirm the figures. "These announcements are those of the government's, not Intel's," he said. While saying that Intel would ramp up its staffing in its development center here from 900 to 3,000 workers, Barrett said, "a ballpark investment figure would be about $100 million." On technology, Barrett said, "We have at least five generations of technology left in the CMOS switch," adding that the gate length of transistors would reach its limit at 10 nanometers. "There is a lot of life left in 32-bit processors, though the 64-bit ones are very important for data intensive applications," he said. "You are going to see the coexistence of the 32-bit and 64-bit processors in the marketplace. The price performance of 32-bit processors are very good and will hold true for another five to 10 years," he said. Barrett said he was pleased with Intel's integrated graphics chip set, noting the manufacturing problems faced by its rivals in the market. The chip set has made Intel the largest supplier of integrated graphics to the PC platform, Barrett claimed. Intel showed applications involving a multithreaded architecture that combined computing and communications tasks during a meeting in New Delhi on Thursday. He said the company would probably unveil a 3-GHz processor later this year. Intel has invested in about 30 Indian companies, and Barrett said it continues to look for more opportunities in India. fred