Apple to set up Israel development center

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    Dec 18, 2011 2:53 AM GMT


    Apple Inc. (Nasdaq: AAPL) has decided to open a development center in Israel focusing on semiconductors. The decision was taken even before the company entered into talks to acquire Herzliya-based flash storage solutions provider Anobit Ltd.

    ...Although Apple is a global innovation leader, the company is a relatively small investor in R&D. The producer of the iPad and iPhone invested $2.4 billion in R&D in 2010, which was only 2% of its revenue, much less proportionately than other high-tech companies.

    Apple's deployment of R&D activities is in line with this policy and the company has only one technology development center, which is at company headquarters in Cupertino, California. All activities outside of company headquarters revolve around marketing, sales and support. Strategic development is carried out at home. The planned Israel center will therefore be the company's first such center outside of its California headquarters.

    More:
    http://www.globes.co.il/serveen/globes/docview.asp?did=1000706928&fid=1725
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    Dec 18, 2011 3:20 AM GMT
    Not surprising. The semiconductor industry is pretty big in Israel.
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    Dec 18, 2011 8:07 PM GMT
    I await the anti-Semites who will sling hate and lies all for one reason: the Israeli people did in 70 years what ALL others failed to do in over 5000 years - build a thriving, democratic, technologically advanced society in the Middle East.
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    Dec 18, 2011 9:50 PM GMT
    http://www.mfa.gov.il/MFA
    full link doesn't work from RJ. Click on Facts about Israel at the left, then Science and Technology

    "The percentage of Israelis engaged in scientific and technological inquiry, and the amount spent on research and development (R&D), in relation to its Gross Domestic Product (GDP), are among the highest in the world."
  • conservativej...

    Posts: 2465

    Dec 22, 2011 2:51 AM GMT
    Sounds logical. Years ago I purchased electronic components from an Israeli company named Arel. In some areas they are tops above competitors.