Saturday 18 September 2021

Intel Announces Opening Mega Lab in Costa Rica

Paying the bills


What are we celebrating?

QCOSTARICA - From the gallows humor department is the...

Sala IV rejects covid patient’s claim for Caja to pay the cost of a private hospital

QCOSTARICA - A claim made by a family against...

Finally, migrant population in Costa Rica will be vaccinated against covid-19

QCOSTARICA - After complaints raised by migrants because they...

Costa Rica is the Main Exporter of Palm Oil in 2020

QCOSTARICA - In 2020, Costa Rica was the largest...

Uruguay considers allowing tourists to buy marijuana

Q24N - The first country in the world to...

Today’s Vehicle Restriction September 18: “ODD” ending plates CANNOT circulate

QCOSTARICA - Starting today, September 18, we go back...

500 Intel drones illuminated the night of celebration of the Bicentennial of Costa Rica

QCOSTARICA - During the celebration of the Bicentennial of...
Paying the bills


Personal de Intel tomada el 14-11-04 foto Jose Rivera

COSTA RICA NEWS – Those depressed by the announcement earlier this year of the closing of the assembly plant for computer chips and the loss of 1.500 jobs were heartened this week by Intel’s revealing plans for the opening of a mega-laboratory in the country to provide a proving ground for new products under development.

The announcement was made after it was revealed that President Luis Guillermo Solis had made an appeal to top executives of the technology giant. The layoff of 1,500 highly trained and skilled workers threatened to add to this country’s unemployment and add a heavy economic burden to the President’s already heavy cares.

- Advertisement -

The Mega Lab is a part of Intel’s Development and Engineering Center to employ some 700 workers as well as the Global Center for Shared Services employing 800. That will mean a payroll of 1,500 workers by the end of 2014 with a potential of further expansion.

Although the President made his announcement Tuesday, he knew the news as early as his meeting with Intel CEO Brian Krzanich Monday on his visit of Silicon Valley. President Solis had made the trip to the United States in promotion of new foreign investment accompanied by officials of the investment promotion agency CINDE and the export promotion agency COMEX.

In his visit to Silicon Valley, California, the President also explored possibilities of creating a special laboratory for small companies in the technological field in this country. The proposed lab would develop entrepreneurship, networking and sharing to information, all of which are sore needs for small businesses.

Although it may sound strange for a country whose cultural symbol is the oxcart, but Solis said the lab would make this country “a leader in attracting investment in high technology, innovation and research because it will be our professionals who will be responsible to evaluate products that Intel places on world markets.

“This operation reaffirms that this government is committed and proactive in generating employment of great value,” Solis added, “and demonstrates once again that they (native technicians) and Costa Ricans have the preparation and ability to carry world impact in operations of companies like Intel.”

It was last April 8 that Intel released the worrisome news that it was shutting down it microprocessor manufacturing operation here that employs 1.500 workers in a worldwide reorganization. The revealed that the layoffs would begin during six months with the plant completely closed at the end of this year.

- Advertisement -

At that time, they announced that they would still hire 200 high skilled technicians and would retain the 1,000 personnel at their engineering and research facility. The company had decided to move their computer chip manufacturing closer to developing markets in Asia.

The President made his announcement with his new Minister of Foreign Trade, Alexander Moa, CINDE president Jose Rossi and CINDE director Gabriela Llobet. Each of them have a strong interest in keeping Intel happy — the technology giant constitutes 20% of the country’s exports.

But that wasn’t all the good news that the President had to impart: Monday, Internet software company MVware in Pavas, the western suburb of San Jose, was increasing its operation from 250 to 400 workers by 2015. Many had feared that Intel’s move would cause companies to avoid expanding operations here or in settling in this country.

- Advertisement -
Paying the bills
Q Costa Rica
Reports by QCR staff

Related Articles

What are we celebrating?

QCOSTARICA - From the gallows humor department is the following meme...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.