Intel to Spend $177 Million Expanding Guadalajara Design Center
Intel to Spend $177 Million Expanding Guadalajara Design Center
Posted 04/28/2010 at 4:27am
| by Paul Lilly
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Over the next 3 years, Intel will pump some 2,300 million pesos (US$177 million) into GDC expansion efforts, Intel CEO Paul Otellini announced. Intel's Guadalajara Design Center (GDC) is the chip maker's largest site in Mexico and is the location where all its technology development activities in Mexico are based.
"As a global computing leader, we believe that investing in the future of discovery is an essential business decision," Otellini said. "Our team in Mexico will continue to help us do this. This new investment today extends our long-term commitment to Mexico. The highly technical work being done at our research center here has been extraordinary, and today we are taking it to a new level."
As part of the expansion effort, Intel will construct a new building for technical labs, office space, a technology museum for children, and an IT lab to support small and medium sized businesses (SMBs). All told, Intel's efforts will create about 150 additional technical jobs, bringing the total number of GDC engineers to 550, Intel said.
Image Credit: Intel
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renta de locales df
November 02, 2010 at 12:43pm
This is one of the flaws of globalization. We forget that companies are there to make a profit, but up to what extent?
Investment capitals flow freely between countries, seeking for the next best opportunity. People are also looking for the safest way to invest their money: from stocks, to forex markets to foreign real estate. Guadalajara has become a major player in Mexico's international developement, we see many foreigners investing in all kinds of franchises, local business, etc. We need to open to new opportunities.
violian
April 28, 2010 at 11:13am
"Intel is outsourcing!!! YAAAY. Now we engineers can live on unemployment! YAAAY!!" - okay, I'm being sarcastic. I'm sick of these large corporations pulling off the "we're making a long-term committment to yada-yada". It's just another way of saying that they're striving to move American jobs "offshore".
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