Applied Materials expands collaboration with Indian semiconductor firms
Applied Materials will collaborate with semiconductor supplier organisations to reduce the time to commercialisation in India, said a senior executive.
“Applied Materials will collaborate with semiconductor supplier organisations with the intent to reduce the time to commercialisation and develop a sustainable semiconductor ecosystem in India,” Suraj Rengarajan, managing director, Applied Materials India, told ET.
The company last year announced that it will set up an engineering centre in Bengaluru with a total investment of $400 million (about Rs 3,278 crores) over four years to develop and commercialise technologies for semiconductor manufacturing equipment.
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Offering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisitMITMIT Technology Leadership and InnovationVisitIIM KozhikodeIIMK Advanced Data Science For ManagersVisit <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-107634809»>The engineering centre will bring together engineers, domestic and overseas suppliers, and research and academic institutions to accelerate the development of semiconductor equipment sub-systems and components, he said.
It will provide access to advanced equipment and processes for suppliers to test and validate, while also giving opportunities to develop equipment.
“We estimate that in its first five years of operation, the centre can create at least 500 new advanced engineering jobs along with 2,500 jobs in the manufacturing ecosystem,” Rengarajan said.
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