Today, Intel Israel is the headquarters for the corporation’s global R&D for wireless technology. It developed the company’s Centrino mobile computing technology, which powers laptops, and advanced microprocessor products. It is also a major center for chip manufacture. In 2008, the company opened a second semiconductor fab in Kiryat Gat - a $3.5 billion investment, with seven thousand employees. In 2007, Intel Israel’s exports totaled $1.4 billion and represented roughly 8.5 percent of the total exports of Israel’s electronics and information industry.