Intel Corp (INTC): Intel Opens First European Microprocesso...

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SemiconEng

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Saturday, 10/05/2002 3:28:56 PM

Saturday, October 05, 2002 3:28:56 PM

Intel Opens First European Microprocessor Research Lab
Result of collaboration with Barcelona's Universitat Politècnica de Catalunya
BARCELONA, Spain, September 19, 2002 -- Intel Corporation today opened its first microprocessor research and development center in Europe, Intel Labs Barcelona (ILB) located at the Universitat Politècnica de Catalunya (UPC) in Barcelona, Spain. This arrangement will help expand Intel's industry leading capabilities in microprocessor research and development, as well as enable Intel to continue delivering industry-leading performance on future generations of microprocessor.
http://www.intel.com/pressroom/archive/releases/20020915tech.htm

--- I think this is part of intel's continuing push into overseas markets. With the US economy stagnating, and PC sales flat-to-down in the US, I think it's important to go where the future markets are. Get your foot in the door now, and it will be good for intel in the future, IMO.

Semi