IC maker Microchip technology sets up new R&D centre in Chennai

Bengaluru/Chennai: Microchip Technology, a Nasdaq listed company that makes integrated circuits announced that it has set up a new research and development center in Chennai, India. Spread over approximately one lakh square feet, the new center will accommodate 1200 employees.

Microchip has had a presence in Chennai since 2012. The new center will focus on IC design, physical design, Computer-aided Design (CAD), application and software development. The company said that the new center is also aimed at catalyzing the development of the local ecosystem for integrated circuit design and specialized embedded systems development.