Head of Intel Corporation is expected to visit Armenia
2008-05-30 22:17:00
ArmInfo. Chairman of the Board of Directors of Intel Corporation Crag
Barrett is expected to visit Armenia.
As Zhenya Azizyan, the head of IT development department at the
Armenian Ministry of Economy, told ArmInfo correspondent, on Armenian
Prime Minister Tigran Sargsyan’s behalf the head of Intel has recently
been officially invited to visit Armenia within the frames of the forum
"Youth and information-communication technologies". The forum will be
organized by the UN Global Alliance for ICT and Development. On the RA
government’s initiative, the forum will be held in late October 2008
within the frames of the IT Month in Armenia.
Azizyan said that the invitation of the head of Intel to Armenia
complies with the RA government’s policy aimed at attraction of large
and strategic international IT companies to the republic to intensify
the rates of IT development. "According to the preliminary data,
Mr.Barrett positively responded to the invitation, however, it is too
early to speak of his final decision. Anyhow, the Armenian government
will continue exerting every type of effort to consolidate the ties
with the leading players of the international market of IT", Azizyan
stressed.
According to ArmInfo’s sources, Barrett will shortly visit Russia,
Kazakhstan and Azerbaijan. To recall, earlier Intel Corporation
expressed a desire to enter the Armenian market of IT, however, the
company saw no adequate interest from the Armenian side. It was
envisaged to develop wireless technologies – Wi-Fi and Wimax in Armenia
with the support of the Corporation. To implement this project, the
Corporation needed reciprocal initiatives from the Armenian side, but
these initiatives were restricted only to words. The Corporation also
showed interest in implementation of its educational initiatives in
Armenia. Meanwhile, Intel actively entered the market of neighboring
Azerbaijan.
Intel Corporation is the largest producer of microprocessors in the
world, as well as one of the leading producers of equipment for
personal computers, computer networks and means of communication.
According to Intel’s data, in the first quarter of 2008, the
Corporation’s proceeds totalled $9,7 bln, operating income – $2,1 bln,
net income – $1,4 bln, and net profit per share – 25 cents.