Qualcomm expands presence in Chennai with proposed investment of Rs 177 cr

The new design centre is expected to generate jobs for up to 1,600 skilled professionals, contributing to the growth and development of Chennai's vibrant workforce, it said

Qualcomm
"At the Tamil Nadu Global Investors Meet in Chennai today, Qualcomm Incorporated announced a significant expansion in Chennai with a new facility for their Design Centre, representing a proposed investment of Rs 177.27 crore," the release said.
Press Trust of India New Delhi
2 min read Last Updated : Jan 07 2024 | 1:13 PM IST

Chip designer Qualcomm on Sunday announced an expansion in Chennai with a new design centre that entails a proposed investment of Rs 177.27 crore and job creation for up to 1,600 skilled professionals.

The new centre will specialise in wireless connectivity solutions, with a focus on innovations that complement Wi-Fi technologies. It will also actively contribute to Qualcomm's global Research and Development endeavours in 5G cellular technology, affirming the company's commitment to be at the forefront of the wireless communications industry, according to a release.

The new design centre is expected to generate jobs for up to 1,600 skilled professionals, contributing to the growth and development of Chennai's vibrant workforce, it said.

"At the Tamil Nadu Global Investors Meet in Chennai today, Qualcomm Incorporated announced a significant expansion in Chennai with a new facility for their Design Centre, representing a proposed investment of Rs 177.27 crore," the release said.

Savi Soin, President, Qualcomm India, said the new design centre in Chennai plays a pivotal role in shaping the future of connectivity globally, especially in India.

"The new design centre is a critical asset to support Qualcomm's commitment to make in India and design in India. This will expand our collaboration with India technology partners and accelerate the market adoption of new technology," Soin said.

Mahesh Moorthy, Vice President, Engineering and Qualcomm Chennai Design Center Head, said the state of Tamil Nadu with its rich pool of skilled professionals, outstanding educational institutions and focus on innovation holds the key to propelling Qualcomm's technological advancements to new heights.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :QualcommTamil Nadu governmentTamil NaduChennaiInvestments

First Published: Jan 07 2024 | 1:13 PM IST

Next Story