Qualcomm to invest $8.5 million on design initiatives in India

Global chip maker Qualcomm announced investment of $8.5 million for expansion of its design initiatives in India, which would primarily include funding its Innovation Labs at Hyderabad and Bangalore.

A portion of the investment earmarked for design initiatives will also be utilised for its Design in India Challenge 2017, a programme that nurtures promising start ups in the country.

The Qualcomm Design in India Challenge II will support companies in the areas of Rural technology, Biometric Devices, Payment Terminals, Agri Technology, Medical Technology and Smart Infrastructure.

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