Semiconductor equipment manufacturer, Applied Materials, plans to invest $400m over the next four years to set up an engineering centre in Bengaluru, India. The facility will focus on developing and marketing technologies for manufacturing semiconductor equipment. The centre, expected to be located near Applied’s existing campus in Bengaluru, is part of the firm’s global infrastructural expansion plans, according to a company statement. Applied, which has been in India for 20 years, is one of several semiconductor industry firms to invest in the country recently. Micron announced plans to build a $2.75bn semiconductor assembly and testing unit in Gujarat earlier this month.
Applied Materials to Invest $400 Million Over 4 Years to Establish Engineering Center in Bengaluru
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