bangalore sixtytwoyearold craig rbarret legendary presidentceo intel corporation and one of the primary architects of the speeddemons that we call the microchip will be visiting bangalore on aug 2 and 3 barret who will be confabulating with chief minister krishna and sundry industry captains is expected to unveil expansion plans of his company intel has acquired a huge piece of land near the bangalore airport and may eventually consider housing its existing technology solutions centre on this site the centre which was inaugurated a few months ago is at present located in the heart of the city it is one among 15 such centres established by intel worldwide the centre provides hardware software engineering services and testing equipment to companies that mix and match computers and software to endcustomers in an exclusive interview to the times of india from intels headquarters at santa clara barret said that as always there was a sense of excitement before his visit prod him to prognosticate on the next economic upturn and you get a selfeffacing response goodness knows when it will happen each time you ask that question to any of us realise that we effectively established our credentials by not being able to predicting the downturn we have absolutely no credentials to predict the upturn either barret feels that the unprecedented slowdown in the global pc market is only temporary we think that we will see an uptake in the pc segment in the second half of the year but the communication segment of the business is relatively weak i dont see any short term recovery there says barret on the company spending us 75 billion for plant upgrades everytime you see a slowdown in the hitech market place the thing that makes you stronger is new products and technologies in our experience you never save your way out of a recession you only grow out of it with new products and technologies says barret interestingly intel is also investing heavily in rd this year much more than last year the wrong thing for indian companies to do now is to cut back on technology development and investments in rd the right thing to do is forge ahead and realise that technology never slows if you slow down you will be left behind says barret with the suddence confidence of a prophet so dont jog sprint