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Samsung to invest $5 billion in R&D
By agencies
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Friday, 11 May 2007, 19:30 IST
Bangalore: Samsung India is investing $5 million towards expanding the operations of its R&D operations in the country this year.
Its India Software Centre has been moved to a new location in the same city. According to a new release, the new centre was poised to become the biggest overseas R&D centre for digital media products. The centre was earlier housed at the Samsung manufacturing complex at Noida.
The centre has 300 employees working for global software requirements in the areas of analogue and digital TVs, CDT and LCD monitors, camcorders, DVD players, MP3 players, client server based displays, notebook and desktop PCs. Samsung India Software Center plans to grow its team to 400 and ultimately touch 1000 in the next three years by the end of the year.
It will also take on more work in the areas of digital TVs, Next Generation Wireless Technology (WiFi, WiBro etc.), Thin Clients and Home Network Solutions.
It has already applied for 25 patents so far. "We expect to file another 10-15 patents by the end of this year," says Dr Vikram Vij, Vice-President - R&D, Samsung India Software Center.
An investment of $20 million in terms of equipment and infrastructure has already been made. In addition to SISC, the Samsung R&D operations in India also include the hardware R&D function.