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Home»News»Business & Economy

Title: Qualcomm Boosts Chennai Presence with Cutting-Edge Design Centre and Investments

Business & Economy 2 Mins Read
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Qualcomm, the prominent chip designer, unveiled plans for an expansive expansion in Chennai, solidifying its commitment to pioneering technological advancements in India. The company announced its new design centre, representing a significant investment of ₹177.27 crore and poised to generate employment for up to 1,600 highly skilled professionals.

Set to specialize in wireless connectivity solutions, the new centre is strategically aligned to focus on innovations complementing Wi-Fi technologies. It will serve as a pivotal contributor to Qualcomm’s global Research and Development initiatives, particularly in the realm of 5G cellular technology. This move underscores the company’s steadfast dedication to leading the wireless communications industry into the future.

The announcement was made at the Tamil Nadu Global Investors Meet in Chennai, where Qualcomm Incorporated revealed its ambitious plans for the design centre’s establishment and financial commitment.

Savi Soin, President of Qualcomm India, emphasized the pivotal role of the new design centre in shaping global connectivity, especially within India. “This expansion aligns with Qualcomm’s pledge to contribute to ‘Make in India’ and ‘Design in India’ initiatives. The centre will bolster our collaboration with Indian technology partners and expedite the market acceptance of pioneering technology,” Soin stated.

Mahesh Moorthy, Vice President of Engineering and Head of Qualcomm Chennai Design Center, lauded Tamil Nadu’s conducive ecosystem, citing its abundant pool of skilled professionals, outstanding educational institutions, and innovation-centric ethos as pivotal in propelling Qualcomm’s technological strides to new heights.

The announcement reflects Qualcomm’s strategic vision to leverage local talent and infrastructure, fostering innovation and technological breakthroughs in the realm of wireless communication. The move is anticipated to not only bolster Chennai’s stature as a technological hub but also fortify India’s position in the global tech landscape.

The establishment of the design centre reaffirms Qualcomm’s commitment to nurturing innovation and fostering a dynamic ecosystem for technological advancements, further augmenting India’s prowess in the ever-evolving field of wireless communication technologies.

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