Complex sentence: 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 millions of laptops worldwide) and is responsible for designing the company's most advanced microprocessor products.
Split into simpler sentences: 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.