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News >> Technology >>
British chip major Wolfson comes India calling
By agencies
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Thursday, 23 February 2006, 20:30 IST
EDINBURGH: Edinburgh-based chip designer Wolfson Microelectronics is opening a new office in India as part its move to enter one of the world's fastest-growing markets for high-tech consumer goods.
Wolfson, which earlier this month reported a surge in annual profits, will open its office later this month in Bangalore. It has offices in the Far East as well as operations in the U.S. and continental Europe.
Announcing the opening of the Bangalore office, the company's eighth office in Asia, chief technical officer Jim Reid said: "There is a fast-increasing level of both design activity and manufacturing in India, especially in the portable and consumer audio space.
"Our Bangalore office will allow us to provide technical information and 'design-in support' to potential customers in the area. The office will offer a platform from which Wolfson can develop relationships with key Indian customers."
He added that the new office would grow in line with the company's worldwide expansion program. Business development manager Anand Kumar will lead the Indian operation.
Wolfson's recent full-year results showed pre-tax profits growing by 156 percent to 21.7 million pounds, helped by strong demand for portable devices such as Apple's iPod music players and multimedia handsets.
The firm is considered one of the key players in the design and manufacturing of mixed-signal semiconductors - microchips that convert digital signals to analogue format, allowing users to see images and hear sounds.