Apple is reportedly planning to open a research and development facility in Israel, which will focus on semiconductors.
Sources have told Israeli newspaper Globes that the company is planning on investing big in Israel with a research and development centre, its first oversees facility outside its Cupertino headquarters.
The publication claimed that talks of opening up an R&D facility were on even before the company decided to acquire flash based storage solutions maker Anobit.
The iPad maker has roped in Israeli tech industry veteran Ahron to head the new facility. Ahron will reportedly spend several months at Apple's HQ in Cupertino before returning to Israel to spearhead the R&D facility. Apple is expected to go ahead with its plans even if it does not acquire an Israeli company.
Compared to its rivals, Apple's R&D budget is very small. The company invested $2.4 billion in R&D in 2010. Apple has only one R&D facility, which operates out of its Cupertino headquarters.
Apple's corporate vice president for R&D, Ed Frank, is currently in Israel, meeting companies and tech industry barons.