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No Plans To begin Production In India: Intel

The remarks follow earlier today’s announcement by India’s transport minister that the chipmaker will establish a semiconductor manufacturing factory in the nation

Intel Corp said in a statement on Wednesday that it currently has no intentions to develop a manufacturing site in India.

The remarks follow earlier today’s announcement by India’s transport minister that the chipmaker will establish a semiconductor manufacturing factory in the nation.

The American multinational business and technology giant Intel Corporation, more frequently referred to as Intel, has its headquarters in Santa Clara, California.

It is one of the creators of the x86 family of instruction sets, which are the ones used in the majority of personal computers, and the largest maker of semiconductor chips in the world by revenue (PCs). 

For nearly ten consecutive years, from the 2007 to 2016 fiscal years, Intel, a Delaware corporation, was placed No. 45 on the 2020 Fortune 500 ranking of the biggest American firms by total revenue.