Applied Materials expands collaboration with Indian semiconductor firms

US -based chip equipment supplier Applied Materials will collaborate with semiconductor supplier organisations to reduce the time to commercialisation in India, said a senior executive.

“Applied Materials will collaborate with semiconductor supplier organisations with the intent to reduce the time to commercialisation and develop a sustainable semiconductor ecosystem in India,” Suraj Rengarajan, managing director, Applied Materials India, told ET.

The company last year announced that it will set up an engineering centre in Bengaluru with a total investment of $400 million (about Rs 3,278 crores) over four years to develop and commercialise technologies for semiconductor manufacturing equipment.