Intel has launched a new innovation center in Shenzhen, China. The center will work on artificial intelligence (AI), chips, and edge computing applications for the local market. As reported by The Register. Essentially, Intel wants to develop products for China in the People's Republic. Meanwhile, the decision by the U.S. company somewhat contradicts the harsh U.S. stance against Chinese high-tech industries.
The innovation center would utilize "Intel's existing technologies and products to continuously enable the application innovations of our partners and customers with an open ecosystem, with a focus on applications in artificial intelligence (AI), chip applications and edge computing etc to address the local market demand," a statement from Intel published by The Register reads.
"We will further leverage Intel's technology and ecosystem strengths … facilitate the integration and development of emerging sectors in the Greater Bay Area and across the country … and help develop the digital economy," Intel China chairwoman Wang Rui is reported to have said, according to the South China Morning Post.
The decision to open up a new development hub in China can be considered as part of Intel's efforts to retain business in China amidst deteriorating relationship between the U.S. and China, which has led to the U.S. imposing restrictions on chip exports.
