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Qualcomm's proposed foreign campus to provide fillip to T'gana

Press Trust of India  |  Hyderabad 

The decision to set up US-based tech Qualcomm's proposed campus here was a big boost to the state, and Semiconductors Industry, the government has said.

"This facility by will be its largest campus globally after its headquarters and the USD 400 Million investment by in will be its largest globally," an official release said.

which proposes to start its campus work in 2019 has its Indian presence in Hyderabad, Bengaluru, and Chennai, it said.

However, the mega campus from Qualcomm and its investment comes in as a big boost for and Semiconductor investment in the city, it added.

The for Qualcomm, Shashi Reddy and Director for Operations, met for IT and Industries K T here Saturday to discuss their growth plans in the city.

After the meeting, said, "By setting up its mega campus in and its largest globally after its headquarters in San Diego, Qualcomm now joins the elite list of companies that have their largest presence globally outside of their headquarters in

We have the Apple, Amazon, Google, Microsoft, and now Qualcomm."

"This list will only increase as they are a few more in the pipeline that we are working actively with.. This is indeed a big boost to the state of Telangana, the Electronics, and Semiconductors Industry and the ecosystem of Operators, OEMs, Regulators, Startups and R&D Engineers," said.

Qualcomm, with a market capitalisation of over USD 100 billion has 167 offices, R&D and Development centers around the world including multiple sites in US, India, Israel, Singapore, China, and Western Europe, the release added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, October 07 2018. 17:10 IST