India a hotbed for semiconductors

By agencies   |   Wednesday, 29 March 2006, 08:00 Hrs
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BANGALORE: With a huge consumer population and its intellectual capacity India is shaping up as a burgeoning market for semiconductors, according to Texas Instrument Inc’s President and Chief Executive Officer, Rich Templeton.

Texas Instrument - the first multinational company to set up an R&D center in India, in 1984 - will continue to commit resources to technology innovation from India, said.

This will enables the company’s customers to take advantage of the growing opportunities in communications and entertainment in India and elsewhere.

He said, "New ideas from India are helping shape the direction of technology. With its wealth of development expertise and a huge, growing market, India is well-positioned to be a leading player in this new era of communication and entertainment."

Texas Instruments India’s Managing Director, Biswadip Mitra said, "Our India focus is clear - continued innovation in the development of complex semiconductor solutions, coupled with addressing the India market for semiconductor products. With increased electronic product design and manufacturing activities in India, we see significant market opportunities for Texas Instruments to add value to our customers."

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