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Intel Considers R&D Investment in Turkey, Milliyet Reports

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Nov. 3 (Bloomberg) -- Intel Corp., the world’s largest producer of semiconductors, may invest in a research and development center in Turkey, Milliyet said, citing Nancy Bhagat, company vice president in charge of marketing.

Turkey’s geographical location, potential for information and communications technology industry growth are among the factors that made it a suitable market to invest, said Bhagat, according to the Istanbul-based newspaper.

To contact the reporter on this story: Ercan Ersoy in Istanbul eersoy@bloomberg.net.

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net.