PALO ALTO, Calif.—
The Intel Corp.’s Vice-President John Daviews was on hand on the as the ArmTech Congress 2012 continued at Stanford University.
Speaking at the opening session of the conference US Ambassador to Armenia John Heffern praised Armenia’s information technology development.
“When I arrived in Armenia, I had no idea about the achievements in the IT sphere. The creative mind is the key to the future of Armenia. The U.S. Department of Commerce has issued a report based on UNESCO data, according to which Armenia is the first among CIS member states with the number of inventions per capita,” said Heffern/
Ambassador Heffern expressed confidence that those innovations can find their proper place in humanitarian and commercial enterprises and ArmTech is a brilliant opportunity for paving the way for the inventions.
Among other IT leaders in attendance were Vice-President of the Synopsis Company and Vice-President of D-Link Company also who also spoke at the conference.
The Corporación América and the Armenian Government agreed to open a factory in Armenia to produce chips. Minister of Economy Tigran Davtyan signed the memorandum on behalf of the Armenian Government.
The creative mind of the Armenians is the reason why Armenia’s neighbors are nervous.
Excellent decision Intel, and hope others firms will also follow the steps of Intel.
Cool. Not just research and software but actual chip manufacturing. This could be be the start of something interesting. Dunno what sort of chips but things like microcontrollers and other lower power processor production would be great. Given the potential for earthquakes in the area, I think competitions to develop search and rescue robots would be great and even develop exportable products.
There was another article stating IBM is going to put together an exploratory team to see if they can do business in Armenia.