Cypress to invest $50 m for solar fab unit in AP
New Delhi , Dec. 20, 2006
Source: The Hindu Businessline
http://www.thehindubusinessline.com/2006/12/21/stories/2006122105070400.htm
Cypress Semiconductors Technology India Pvt Ltd said that it planned to set up a solar `fab centre’ in Andhra Pradesh at an investment of up to $50 million. Cypress has been talking with the Andhra Pradesh Government on the same. The manufacturing facility would be to produce solar cells and wafers.
The California-based chip design company has design centres at Bangalore and Hyderabad. “While we would be increasing our design engineers in Bangalore from 300 to 600 in the coming years, we would also double our headcount at our Hyderabad centre from 20 to 40,” said Mr Pidugu L. Narayana, Director, Design Centre, Hyderabad.