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NeST begins work on VLSI design center in Kerala

Posted: 07 Apr 2006 ?? ?Print Version ?Bookmark and Share

Keywords:Network Systems and Technologies Group? VLSI design center? NeST foundry?

Network Systems and Technologies Group (NeST), an R&D and EMS-oriented group based in Kerala, India, has started work on a VLSI design center together with an undisclosed Japanese chipmaker, as part of its plan to set up a manufacturing foundry for memory chips.

The design center being established at its software center in Kochi will become operational in July this year with about 100 employees, according to S. Sasikumar, president of NeST. Presently, 50 engineers are undergoing training in Japan. Sasikumar added that the center would provide design for all types of chips and would address all aspects of analog and digital communication.

The NeST foundry is expected to be ready by the end of 2008. This is the third foundry set to be operational in India in the coming two to three years. The other two are planned in Hyderabad in Andhra Pradesh by SemIndia Inc. and Korean company, Intellect.

The semiconductor and embedded design industry in India is estimated to grow at 30 percent annually to generate revenue worth $43 billion by 2015, according to two research reports released by the Indian Semiconductor Association and Frost & Sullivan.

The total consumption of electronic equipment would rise from the present $28.2 billion to $363 billion by 2015, pushing up the market for semiconductors. The two reports have predicted a growth rate of 29.8 percent in the electronics equipment consumption during this period.

The NeST foundry will manufacture memory chips for mobile handsets and consumer electronics products in the domestic and foreign markets. The company expects a huge growth in demand for memory chips in the country's consumer electronics sector. NeST expects India to be one of the biggest consumer markets for memory chips in the near future.

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