Intel celebrates 20 years in China --- TheThirdMedia Hardware

New Investments Reinforce Commitment to Chinese Innovation and Education
BEIJING, June 13, 2005 ?Intel celebrated its 20th anniversary in China today with hundreds of Chinese government officials, customers and industry partners. Further reinforcing the company's 20 years of strong commitment to China's development, Intel also announced new investments to help inspire and stimulate Chinese innovation, advance education and support the community.

Intel has already grown to a workforce of 5,000 employees in China, and has in total invested more than $1.3 billion in extensive R&D facilities, microprocessor assembly and testing factories, the Intel Innovation in Education program, and investments in innovative local companies. In this way, Intel has helped boost the IT evolution in China and build a sustainable industry ecosystem for the digital era.

Speaking at the celebrations, Paul Otellini, Intel president and CEO, said the company would build on its history in China by establishing a US$200 million Intel Capital China Technology Fund to help drive Chinese innovation. The company will also double its efforts to educate teachers and students on using technology to enhance teaching and learning, and expand its extensive community programs including support of the Special Olympics.

?China's focus on encouraging science and technology development and the adoption of leading-edge technologies has allowed its IT industry to evolve,?Otellini said. ?We applaud China's successful efforts to advance its IT industry and global competitiveness, and create a wealth of knowledge and talent that will drive many of the world's future innovations.?br />
To achieve its goal of becoming a global technology leader, Otellini urged China to continue to further develop talent, innovative products, processes and services. He pledged Intel's ongoing support to help the country advance its manufacturing expertise, drive innovation, develop a highly educated and talented local workforce, establish a wealth of intellectual property, and assist China in pursuing opportunities worldwide.

?For the past 20 years, Intel has supported China's progress as an investor, educator and collaborator,?he said. ?We welcome the opportunity to continue to be a long-term strategic partner in China's future development.?br />
Intel Capital China Technology Fund

The US$200 million program will be invested in Chinese technology companies developing innovative hardware, software and services. It will play a key part in Intel's efforts to stimulate local technology innovation and entrepreneurship, cornerstones of the Chinese IT industry's continued growth and the country's long-term prosperity.

Advancing Education to Build China's Knowledge Nation

A long-time proponent of advancing education, Intel is committed to helping China develop talent and provide access to technology by bringing science and technology to every level of education. Through its Intel Innovation in Education initiative, Intel collaborates closely with China's national and local education departments, institutions and industry partners to effectively integrate technology into the classroom in order to equip teachers and students with skills required for success in the knowledge economy.

Under the umbrella of its worldwide Intel Innovation in Education program, Intel has introduced many successful education programs in China to enhance the learning and teaching environment, improve computer literacy and encourage interest in science and technology. Examples include Intel Teach to the Future, Intel Learn, Intel Kids Workshops and the Intel International Science and Engineering Fair. Intel also works closely with Chinese universities and academia to advance university curricula and research through its Intel Higher Education program.

?The implementation of Intel Teach to the Future has greatly promoted the effective use of advanced information technology and the reform of education and teaching; it also helps to enhance the teaching quality and promotes the professional development of Chinese teachers,?said Guan Pei-Jun, director-general of the Teacher Education Department under the China Ministry of Education.

Collaborating with China's Ministry of Education to enhance its efforts, Intel over the next three years will expand its Intel Teach to the Future program, doubling both the number of teachers trained to 1 million and the number of students trained through its Intel Learn program. Intel will also continue to train children, their families and teachers how to use computers in its 18 Intel Kids Workshops across China via free weekend training sessions. In addition, Intel will continue to encourage the interest in science and technology of more than 15 million Chinese students each year through the Intel International Science and Engineering Fair.

Community Care

During the celebrations, Otellini also outlined details of its volunteer program Intel Involve and its plans this summer for ?March for the Future?a charity run to raise funds and inspire support for Special Olympics China.

Intel believes in being an asset to its communities worldwide. Intel Involved coordinates a variety of employee volunteer programs in support of education, environmental stewardship and safety, youth development, and community service. Since its introduction in Shanghai in 1998, Intel Involved has effectively accelerated the integration between Intel and its local community, developing a sound partnership.

Special Olympics is an international movement dedicated to empowering people with intellectual disabilities to become physically fit, productive and respected members of society through sports training and athletic competition. To encourage community participation in ?March to the Future,?Intel will give a cash donation to Special Olympics China, helping Chinese Special Olympics athletes as they prepare for the 2007 Special Olympic Games World Summer Games held in Shanghai.

Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at http://www.intel.com/pressroom.



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