American chipmaker Intel is going to invest over Rs 1100 crore to expand research & development (R&D) and build a new design house in Bengaluru, informed the company in a statement.
The proposed facility will be located at Intel’s 44-acre campus in Bengaluru, Karnataka.
The new building including lab capacity will be used for chip design and verification purposes. This additional capacity will help Intel India consolidate its R&D operations to a large extent in the country. Read More…
Credit By: Business World
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