Yahoo and Apple to expand R&D centres in Israel
Apple is expanding its operations in Israel, including establishing a development centre in Jerusalem.
This will be the third location in Israel for the U.S. technology giant after Herzliya and Haifa.
According to a report by the Israeli business daily Globes, citing a post on LinkedIn, its new office will focus on hardware and Mac chip development.
Apple currently employs approximately 2,000 people in Israel. It was also recently revealed that it employs 60 people at a Palestinian development centre in Ramallah.
Last year, the California-based company started making its own chips after previously using Intel.
Yahoo will expand its research and development centres in Israel, the company announced on Monday.
The company also appointed Neetai Eshel as managing director for its Israel R&D centres in Tel Aviv and Haifa, reported the Israeli business daily Globes.
Verizon acquired Yahoo and merged it with AOL in 2017. Yahoo has operated in Israel for almost 20 years.
The Tel Aviv office focuses on its adtech, video and data products, while the Haifa centre is comprised of researchers with advanced degrees in computer science and algorithmics.
The company’s centre in Tel Aviv has been a growth engine for Yahoo in recent years.
JNS