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News >> Technology >>
Qualcomm plans R&D hub in India
By siliconindia staff writer
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Thursday, 18 March 2004, 20:30 IST
NEW DELHI: US mobile phone technology company Qualcomm plans to set up a software development and chip design unit in India to benefit from the country's relatively cheap development costs, a top company official said.
Paul Jacobs, group president for Qualcomm's wireless and Internet business, told reporters on Wednesday the centre was in a "very late stage of consideration". "We are actively looking at possibilities for chip and software development services," Jacobs said, pegging the number of people to be recruited at over 100. The amount to be invested would be significant," he said.
India's rapidly improving telecoms infrastructure and a growing army of lower cost English-speaking workers has been a magnet for global corporations seeking to reduce costs.
Many companies source their software requirements from India's booming software services industry, or have set up their own units in the country.
Qualcomm is already a major player in India's flourishing wireless sector, the fastest growing market in the world, through its chips in CDMA handsets being sold by several operators in the country.