Intel intends to start producing its own mobile phone in Serbia

The US technology corporation Intel plans to move into the mobile phone manufacturing business and launch production of its own mobile phone in Serbia. The project might be completed until the end of the 2014, the company said. Intel still has to choose the phone and the model, and at what price it would be sold with Intel’s software. However, the tech giant disclosed that it would be "a domestic phone at a domestic price".

The production will initially number 50,000 devices, which will be named "Tesla", after the famous Serbian-American scientist and inventor Nikola Tesla. The Tesla phone will feature a new camera technology that will be designed by Serbian software engineers, John Davis, Vice-President of American Intel announced, cited by local media.

The focus of the project will be on engaging domestic experts, increasing employment, and education, Davis added. Asked about the value of the investment, he said it was "not about dollars, but about raising and building capacities" in Serbia.