Deccan Herald ·
Economy, business and finance
US-based tech firm Applied Materials to invest Rs 3,600 crore in Karnataka, says M B Patil
US tech giant Applied Materials will pump Rs 3,600 crore into Karnataka’s semiconductor ecosystem over a decade, creating 1,000 jobs and boosting R&D, chip gear manufacturing and software tech.
Patil said Applied Materials would focus its investment on R&D, manufacturing of essential equipment, and developing software technologies required for semiconductor chip production.