Indian tech firms eye semi IP business

K.C. Krishnadas, EE Times
(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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