Intel has settled in Sanya, Hainan, and the local business will be launched at the same time.

Thanks to CTOnews.com netizen XPYU for the clue delivery! According to CTOnews.com news on April 9, Hainan's official Wechat account updated its article today, announcing that the opening ceremony of Intel Sanya office was successfully held in Sanya Central Business District. At the same time, Intel's Hainan business will also start operation at the same time.

CTOnews.com learned from Hainan's official Wechat official account that Intel had been registered as Intel Integrated Circuit (Hainan) Co., Ltd. in Sanya, Hainan. The newly established Intel Integrated Circuit (Hainan) Co., Ltd., as a wholly owned subsidiary of Intel in Hainan Free Trade Port, will provide cross-border software and hardware product distribution and settlement, software design and licensing, system integration, and personnel training services to the Chinese market, as well as equity investment activities for domestic start-ups.

With Intel officially settled in Hainan, it will attract more domestic and foreign leading enterprises of digital economy to lay out in Hainan, accelerate the formation of industrial agglomeration and development, and help the construction of Hainan free trade port.

Intel is the world's largest semiconductor chip manufacturer, the world's top 500 companies, is one of the first multinational companies to enter China. At present, the amount of investment in China is about 13 billion US dollars, with more than 12000 employees. In 2022, Intel China accounted for 27% of Intel's global revenue. China has become Intel's largest investment and most comprehensive institutional market outside the United States.