Business
Qualcomm to open new design centre in India, to generate 1,600 jobs
New Delhi, Jan 7
Chip-maker Qualcomm on Sunday announced a significant expansion in Chennai with a new facility for their design centre, allocating a proposed investment of Rs 177.27 crore, that is likely to generate 1,600 jobs.
The Qualcomm design centre will specialise in wireless connectivity solutions, with a focus on innovations that complement Wi-Fi technologies, the company announced during the 'Global Investors' Meet' in Chennai.
Additionally, it will actively contribute to Qualcomm's global research and development endeavours in 5G Cellular technology, reinforcing the company's commitment to staying at the forefront of the wireless communications industry.
“The new design centre is a critical asset to support Qualcomm’s commitment to 'Make in India’ and ‘Design in India’. This will expand our collaboration with India technology partners and accelerate the market adoption of new technology,†said Savi Soin, President, Qualcomm India.
The design centre is expected to generate jobs for up to 1,600 skilled professionals, further contributing to the growth and development of Chennai's vibrant workforce.
“We are excited about the opportunities the new Design Centre will bring to the local community,†said Mahesh Moorthy, Vice President, Engineering and Qualcomm Chennai Design Center Head.
“Tamil Nadu, with its rich pool of skilled professionals, outstanding educational institutions and focus on innovation, holds the key to propelling Qualcomm's technological advancements to new heights,†he added.
19 hours ago
Sunetra Pawar elected as NCP Legislature Party leader; will take oath as first woman Dy CM of Maha today
19 hours ago
Industrialist's death during IT raid: Probe to first focus on suicide angle, says K'taka HM
19 hours ago
Kerala LoP Satheesan mocks CM Vijayan’s stand on RRTS
19 hours ago
Nearing 81, can Pinarayi Vijayan still defy Kerala’s political gravity?
21 hours ago
Kubbra Sait reflects on one year of Deva: 'This film broke me & built me’
21 hours ago
Sharvari shares glimpse of her ‘double shift survival pack’
21 hours ago
Kiccha Sudeep promises to keep working harder as he completes 3 decades in the industry
21 hours ago
Alia Bhatt captures all the chaos behind achieving her latest high-glam avatar
21 hours ago
TN cabinet meeting on Feb 5, to clear interim budget ahead of polls
21 hours ago
FY 2027 H-1B Cap Initial Registration Period Opens on March 4
21 hours ago
BJP, JD(U) welcome Bihar govt’s decision seeking CBI probe into NEET aspirant’s death in Patna
21 hours ago
Four migrant workers from Assam found dead at labour shed in Bengaluru
21 hours ago
Five killed, three injured in twin road accidents in TN's Perambalur district
