Monday, March 18th | 11 Adar II 5779

Subscribe
February 4, 2019 11:19 am

Intel Appoints Seven Israeli VPs, on Heels of $11 Billion to Expand Kiryat Gat Facility

avatar by JNS.org

Email a copy of "Intel Appoints Seven Israeli VPs, on Heels of $11 Billion to Expand Kiryat Gat Facility" to a friend

Intel Shooting Star Quadcopters. Photo: courtesy of Intel.

JNS.org – Out of 150 vice presidents in the $226 billion Intel Corporation, a sizable 20 are Israeli, according to a report by financial news site Calcalist.

On Thursday, Intel announced the appointment of a series of vice presidents, including seven Israelis.

Intel has been operating in Israel since 1974 and employs approximately 13,000 people at Intel’s five Israeli research-and-development centers, exporting $4 billion dollars worth of products in 2018.

Of all the patents submitted by Intel from 2015 to 2018, 12 percent originated in Israel, according to intellectual property lawyer Ilan Cohn, who was cited in Calcalist.

Related coverage

March 18, 2019 5:26 pm
0

Zionist Student Group Accuses UC Berkeley Middle East Center of Anti-Israel ‘Indoctrination’

A Zionist student group has accused the Center for Middle Eastern Studies (CMES) at the University of California, Berkeley, of...

Last week, Israel’s Minister of Finance said Intel agreed to invest $11 billion (NIS 40 billion) in an expansion at the Intel facility in Kiryat Gat. Intel also bid $6 billion for Israeli chipmaker Mellanox Technologies.

In 2017, Intel bought Jerusalem-based automotive-safety tech company Mobileye for $15.3 billion.

Share this Story: Share On Facebook Share On Twitter Email This Article

Let your voice be heard!

Join the Algemeiner

Algemeiner.com