Home > Business > Reuters > Report
IBM sets up tech design centre in Bangalore
May 21, 2003 17:43 IST
International Business Machines Corp on Wednesday launched a technology centre in India that would provide design services for advanced chips and hardware boards to companies across Asia.
The unit, based in Bangalore, is part of IBM's engineering and technology services divisions in the United States, Europe and Japan, the company said in a statement.
"The centre will enable IBM to leverage a vast and talented Indian information technology talent pool, competent in large integration and embedded software design," said Uday Shukla, director, technology group labs at IBM India.
The company declined to give the staff size of the new centre.
IBM is one of the largest technology firms in India and employs about 5,000 people across its hardware and software units.
India is fast emerging as a key chip design centre for global giants such as Texas Instruments, Motorola and Intel, aided by the country's vast pool of engineers who can be hired at a fraction of what their counterparts earn in the West.
Chip giant Intel last week said it would invest $41 million in India to set up a facility in Bangalore to design and develop a new generation of microprocessors. It aims to double its staff size in India to 2,000 by end-2004.
© Copyright 2003 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
|