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ALLIANCE SEMICONDUCTOR TO INVEST US$50 MLN IN INDIA IN 5 YRS.
BANGALORE, June 1 Asia Pulse - American fabless chip maker Alliance Semiconductor said Monday it would invest US$50 million over the next five years in its design centres in Bangalore and Hyderabad and double its workforce of 150 in three years.
The US$28 million firm has already invested US$20 million in India since inception five years ago and rolled out 60 new products for the world market.
"Alliance India's competency in design and development at the forefront of mixed signal technology, Hypertransport based chip-to-chip interconnect technology and memory products helped us, in significant measure, our portfolio of products and technologies," Alliance Semiconductor chairman, CEO and president, N Damodar Reddy, told reporters here.
Though India did not ...
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