Indian tech firms eye semi IP business
K.C. Krishnadas, EE Times
(07/07/2008 11:12 AM EDT)
BENGALURU, India
(07/07/2008 11:12 AM EDT)
BENGALURU, India
— Indian technology companies facing cost pressures from a global economic slump and domestic competition are seeking a way out by boosting R&D investments to develop semiconductor intellectual property.
Ittiam Systems and Cosmic Circuits are pursuing the pure IP route, having rejected the services business; service providers Wipro and Mindtree are now developing chip IP and are using it to attract new services around their IP products.
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