Global semiconductor equipment maker Applied Materials is set to establish a research and development centre in Bengaluru, with the potential to attract investment of up to $2 billion, according to industry sources. The facility will focus on equipment design and prototyping, adding to the city’s growing footprint in the global chip supply chain.
Karnataka’s semiconductor equipment demand is projected to grow at a compound annual rate of 9.5 percent between 2026 and 2032, driven largely by Bengaluru’s concentration of design centres and R&D talent, according to recent market research.
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