U.S.-based Intel Corp. and the National Science Council are set to announce the establishment of a cross-national research and development center in Taiwan, sources familiar with the matter said.
Paul S. Otellini, president and chief executive officer of Intel, and Lee Lou-chuang, minister of the NSC, will make the announcement jointly at a news conference Oct. 28, the sources added.
The deal between Intel and the NSC represents the fruition of an NSC plan implemented last year to attract some of the world’s leading research institutions and labs to form R&D partnerships in Taiwan.
The NSC plan states that if one of the world’s top research labs, R&D units or top 50 universities wishes to set up a research branch in Taiwan, the ROC government agrees to shoulder part of the cost.
In addition to making the announcement, Otellini will sign a memorandum of understanding with the Ministry of Economic Affairs on the development of the cloud computing industry. (KML-HZW)