Microchip to increase India headcount

BANGALORE: Leading provider of microcontrollers and analog chip maker Microchip Technology will invest $65 million (Rs 285 crore) in its India development centre over the next five years and hire about 300 more engineers, the company said here. “We have set up a new facility to work on integrated circuit (IC) development, microcontroller development tools and corporate information systems,” Microchip vice-president Ganesh Moorthy said in a statement issued here. The $1 billion Arizona-based US firm designs embedded control solutions for consumer, automotive, office-automation, communications and industrial-control markets worldwide. “The India centre will play a major role in developing 8 bit, 16 bit and 32 bit microcontrollers and digital signal controllers. We have delivered many innovations in microcontroller and digital signal controller designs, besides digital-power and motor-control solutions," Moorthy said. Industry analyst firm Gartner Dataquest ranked Microchip as world leader in 8 bit microcontrollers in 2007. It is also the largest supplier of 8 bit microcontrollers in the Indian subcontinent, according to the India Semiconductor Association. A microcontroller is a tiny computer-like processor that makes electronic products intelligent. An average consumer uses about 100 microcontroller-enhanced products ranging from microwave, to copier and phone at workplace and remote control for television viewing at home.
source : TOI