SAN JOSE, Calif. Intel Corp. said Tuesday (May 2) it will invest $1 billion over the next five years in technology development for emerging global markets.
Intel's "World Ahead Program" aims to expand existing initiatives like its community PC for India and Mexico into other developing regions. The chip maker also said it wants to boosts efforts centered around access to PCs and content, connectivity and education.
"The five-year objectives of the World Ahead Program are to extend broadband PC access to the world’s next billion users while training 10 million more teachers on the use of technology in education and with the possibility of reaching another 1 billion students," the company said in a statement.
Intel CEO Paul Otellini is scheduled to describe specifics of the Intel investment initiative in a speech Wednesday at the World Congress on Information Technology in Austin, Texas.