Intel has announced it has launched a research and development (R&D) lab in Istanbul Technical University (ITU) technopark in Turkey.
Istanbul also hosts Intel’s headquarters of its Middle Eastern and African operations. The decision about this recent investment reflects the company’s commitment to help increase the country’s technological output, says Intel.
The new centre in Turkey will be dedicated to the Internet of Things and the Fatih Project, Turkey’s nationwide high-tech education initiative. The company believes the new lab will manage to attract $40m of investment over the next five years.
“Running on Open Intel Labs model, Intel Turkey labs will work in cooperation with Intel partners, universities and public institutions, combining the joint efforts of a staff from a variety of disciplines including social scientists, software designers and developers into realizing end-user oriented projects,” says Intel Turkey head, Burak Aydin.