Israel is considered a hub of technology, where there are 500 tech companies and approximately one lakh employees work. These companies also include big companies like Google, Apple, Intel and Nvidia. If the war escalates, the business of these companies may shift to the Middle East, Europe or India.
Whenever technology is mentioned, Israel’s name comes first because Israel is home to big tech companies including Apple, Google, Microsoft, Facebook and IBM. Intel chipsets are also produced in Israel. If experts are to be believed, if the war escalates, its impact on tech companies will be clearly visible. Perhaps this is the reason why companies like Google and Apple are holding their breath. Let us tell you that 500 tech companies including Google and Apple are present in Israel. These companies have about one lakh employees.
Tech companies may shift to India
According to Reuters news agency, if more people join the military as the war progresses, there may be a shortage of labor force. In such a situation, it is being written quoting the report of Economics Times that if the war escalates, then tech companies can shift their business to Middle East, Europe or India. Companies like TCS and Wipro are also based in Israel, which can increase their capacity in India.
There is no effect of war at the moment
Israel is a major exporter of Intel chips. At present, the company is denying that the war will affect chip production, but if the war increases, then Intel’s problems will also increase in that situation. Along with Intel, Nvidia is also active in Israel. Let us tell you that Nvidia, the world’s largest company making artificial intelligence and computer graphics, has postponed its AI summit to be held in Tel Aviv.