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US chip manufacturer Intel (Nasdaq: INTC) is planning to increase headcount by 20% at its software development center in Argentina's Córdoba province, local paper Clarín reported.
The expansion aims to strengthen the company's business unit focused on Intel's virtual store AppUp, which is based in Argentina and develops applications used worldwide.
Intel's Southern Cone director, Esteban Galuzzi, said the company is planning to hire 50 engineers this year. "Perhaps the amount may seem small, but we're talking about highly qualified staff that will join the 250 employees the company has in Córdoba, 200 of which are engineers and 60% of them have a master's degree or PhD."
Intel's Córdoba software development center was established in 2006 with 13 employees. It is the company's only center in Latin America that develops products and services to be exported worldwide.
The Intel AppUp center offers applications for many different categories including social, education, entertainment and communications.