Intel Establishes R&D Center in South Korea

March 10, 2004 by Jeff Shepard

Intel Corp. (Santa Clara, CA) announced it has established a research and development center in Seoul, South Korea. The center is intended to work with wireless technologies, such as the wireless digital home and WiMAX. Intel has worked closely with the government in the creation of the center, which will employ 20 researchers by the end of 2004, all from the local area. Research performed at the center will be used in all Intel markets.

The semiconductor giant first announced plans for the center last summer during CEO Craig Barrett's tour of Asia. Barrett also announced plans for additional investments in Asia, including a $100 million annual research and development in Malaysia, a partnership with Legend for a research and development center in China, and a total investment of $375 million in a new chip and testing facility in the Sichuan province.