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|Wednesday, October 11, 2000, updated at 22:01(GMT+8)|
Intel To Increase Investment In ChinaCraig Barrett, CEO of Intel Company, said Wednesday that Intel 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 stand point."
Barrett, who will visit China later this month, said 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.
Although it is his sixth time to China, Barrett said he still held 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.
Being a successful provider of building blocks for Internet economy, Intel is currently involved in three fundamental technologies including computing communication and networking.
He foresaw the future of e-business as a form of Business to Business transaction, allowing companies to bring the products into market faster and communicating more effectively with consumers.
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 US, thus getting an upper hand on the fierce competition, said Barrett.
He said Intel is committed to helping China create a better environment for education, involving scholarships and setting up research centers.
He said that he believes it is a win-win relationship when knowledgeable an productive students graduate and join the workforce.
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