If you’re not living underneath a rock you probably know about the escalating war in Israel and Lebanon. I am very sympathetic to the innocent people who are affected by this war.
I prefer not to turn this into a war discussion, I am just talking about the potential effects that it has on our industry.
Over the years Israel has been on
the cutting edge of research and development in various advanced
technologies. Israel boasts many thousands of high technology companies
in a wide range of fields such as telecommunications, software,
semiconductors, biotech and medical electronics. Many of the companies
are start ups with the most successful becoming world leaders in their
respective fields.
Leading global companies like Intel,
Motorola, and Microsoft all have R&D facilities in Israel – Haifa
being the place of choice for the most part. Intel and Motorola also
manufacture advanced products in Israel, and many other large companies
have purchased local companies, buying their patents and acquiring
their human talent.
This war plays a serious role in our
business in an indirect way – and could have cataclysmic effects.
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