Home / News / Intel closes another R&D site
Chip giant shuts down Israel research centre, allegedly in line with stricter processor focus

Intel closes another R&D site

Intel will close down the R and D centre in Yokne’am, Israel – which some are claiming is indicative of the firm’s plan keep a tighter focus on processors in the future.

The firm sold another Israel based R and D centre in Petah Tikva in 2006, resulting in thousands of job cuts.

The smaller number of employees from the Yokne’am operation will be transferred to other sites in the country.

Link: Computer Business Review

Check Also

Westcoast to distribute ALOGIC’s True Connectivity consumer products

Westcoast is embarking on a new relationship with IT peripherals, consumer electronics and mobility product …