Israel Active

(Thanks to Atid-EDI) Israel Aerospace Industries Ltd. (IAI) has won two cyber-security contracts worth tens of millions of dollars.  IAI develops advanced cyber solutions for intelligence, protection, monitoring identification and accessibility.

Intel Israel's exports totaled $4.25 billion in 2014 (up 10% on 2013) accounting for about 4% of Israel's total exports of goods and services in 2014.  Intel is spending around $800 million upgrading its factories in Kiryat Gat and $1.87 billion per annum in purchases from Israeli suppliers.

2014 earnings for Israel’s NICE Systems reached $1.0124 billion, up from $950 million for the previous year.  NICE specializes in data and voice security and analysis.

Impressive success in Israel’s high-tech industry boosted demand for employees by 12% in 2014, compared with 2013.  Salaries of mobile developers rose by 10-30%.

A delegation of 11 Israeli water companies visited Spain, presenting technology such as filtering and purification to infrastructure companies.  They impressed one Spanish multinational, Abengoa, which employs 26,000 employees in 80 countries.

Israel’s Ministry of Finance announced a 5.3 billion-shekel budget surplus for Jan 2015.  Tax revenues were 2.3% higher than for Jan 2014 and have been growing by 4-5% each month.

This article focuses on Israel’s pivotal role in providing China with outlets to both the Mediterranean Sea and the Red Sea.

Israeli automotive electronics company Taditel has established a new production plant in China. The plant is located in the CI3 industrial incubator initiative in Changzhou, Wujin Economic Zone (WEZ).

Intel’s 10,000 Israeli employees will be joined by 100 staff from the Israeli development center of Germany’s Lantiq.  Intel acquired Lantiq, which previously bought Israel’s Matalink – a developer of wireless communications solutions.

Korean giant Samsung’s revenue from TVs last year was little changed from 2013.  That’s why it is seeking Israeli startups – in order to explore new business areas.