Intel to spend $1bn to help developing nations adopt IT

Intel is to spend more than $1bn (£580m) over the next five years to help bring PCs, IT training and internet connectivity to various developing nations.

Intel is to spend more than $1bn (£580m) over the next five years to help bring PCs, IT training and internet connectivity to various developing nations.

Intel’s World Ahead programme builds on the company’s past efforts to bring IT resources to countries such as India and China, where it is now seeking bigger sales from rapidly developing economies.

Intel will provide IT equipment under the new programme as well as teacher training.

Long-range wireless data connectivity technology WiMax, a product heavily promoted by Intel, will feature in the World Ahead programme.

As Intel seeks to build its market share in developing nations, the company is continuing a 90-day root-and-branch overview of its operations in response to predicted poor results for the year.

The company recently revealed to analysts that it expected sales to fall by about 3% this year, partly as a result of losing market share to smaller chip manufacturer AMD.

Intel said it was planning a company restructure in response and that redundancies were planned.

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